You stand out as the stop-dreaming-guy which is needed in this industry.

I'm looking forward to becoming more interactive.The podcasts helped me through my half ironman training this summer and the forums always contain a wealth of information.I currently work in the healthcare industry, but spend a great deal of my spare time developing algorithms to analyze properties!

Again welcome aboard, and there are lots of women in the industry, you will just be another pretty face in the crowd.

Debt to Income - DTI - is only use on FHA, conventional, Va and other typical residential transactions (consumer front).If you're going to a portfolio lender they look at lending from a 1.25x DSCR point of view (industry standard) which in essence is a 80% Debt to Income if you think about it.1 dollar of debt / 1.25 dollars of net operating income (NOI) = 1.25 X DSCR = 80% DTI Never the less us bankers joke about it all the time because it might be crazy from a residential loan officers point of view but in the banks eyes its not from a commercial point of view.The commercial bank views income property as a consistent sustainable source of reocurring income especially in stronger rental markets so having 1.25 dollars of net income coming in for every dollar of out going debt service payment is acceptable.The mess with this 1.25x they will sometimes make you conform even while subjecting you to underwriting at higher rates, shorter amortization periods, and other income adjustments that make it harder to obtain 1.25x.

I have been interested in the real estate industry since i was teenager and got my license this year at the age of 21.

Yes, most of us know the very spot where we were when we heard the news.When I drive by my old school I glance at two things, the football field and track where I competed and at the window where I stood on that day.

Private industry could not get enough people to pay for flood insurance voluntarily as it was too expensive (low probability/high impact scenario), so they stopped covering it.

Those areas are a bit too industrial for me, but not for a working couple starting out who rely on public transportation to get to work and around town.

So those who are killing it in any industry are just those who have made more mistakes and fixed them before others around them.Sorry to wax poetic on you :) Hope this helped.

Hello BP Nation =)I apologize in advance if this is in the wrong place.I have several friends in the Real Estate industry (in various aspects), and one of them owns properties in Los Angeles proper.