So depending on your situation, you might have to qualify as if you are fully paying for both properties.All of this is assuming you are looking to use conventional residential mortgage products.

The product I used with them is called a delayed finance or delayed refi.  

Rentals are SLOW way to growth.Only way you would  be to buyong in the HOOD and trade one business for another set of problems and issues to deal with as opposed to your corporate gig.To replace 90k a year in passive income and say your lucky enough to buy units with leverage that make 200 a month positive cash flow you would have to buy 45 homes or a 60 unit apartment .. say you need 25% down your talking about liquidating 100% or more of your retirement funds ( which may not even be possible if they are your wifes as well). then risking it on Real estate you have just shed one job for another..

As prices continue to go up some buyer's can only afford the lower price range.I am not expect the market to be very volatile in 2016 but rather a slow and steady, healthy, balanced market.

But those days are over for now and I see the market slowing down perhaps even dipping.

The kids, wife and life have slowed me down.

But there are also a dozen ways to also demonstrate that your intent is to improve property that you are holding for productive use.  

I wish every one out there a Merry Christmas and happy and productive New Year 2016.

However, the real estate market is showing signs of cooling in certain areas, and coupled with a likely 0.25% rise in central bank rates per quarter in 2016 alone, there is a likely chance that appreciation will slow considerably, and certain financing options might dry up between now and then. 

have you got quotes for the production of the ad as well as actually running the ad?