In general, investing in an income-generating property first can potentially provide long-term financial benefits and greater returns.

Hi, Frank, if the seller only has one year of income and expense data, how can we figure out the right number to purchase?

Here are some tips for networking and making the most of your account. 1) I'd fill out your profile fully before you do anything else!

You’re using credit from an over funded account of some kind. 

Retirement Accounts: Certain retirement accounts, like a 401(k) in the USA or an RRSP in Canada, allow for borrowing or withdrawing funds for home purchases.

The loan we were applying for is an FHA, which stipulates we must provide a signed lease for our half of the duplex (to be newly rented out) but for the other half which the parents "own" (in reality all three are equally owners of the entire property.) we would need to provide proof of rental income on our tax return, however her parents claimed that so we seem to be SOL.The mortgage is covered, we can rent it out no problem, but the underwriter is saying on paper it looks like she is responsible for the whole duplex and the rent for half of it is unreportable.

That would be around $90,000 sitting in a savings account!

I am thinking about picking up my Private Money Broker certification, as way of adding an additional stream of income, but I want your advice if you feel the certicication is worth the effort?

I understand the REPS part of the equation for offsetting W2 income tax.  

You are able to obtain no income no doc ground up construction financing .