I plan to retire from my current job in the next five years and will need to start new ventures.

The way I typically see an u/w look at this income is as follows:$5,000 in monthly salary$500 car payment $1,000 house paymentBusiness that loses $6,000/year$5,000 * 12 = $60,000 - $6,000 loss for $54,000 in annual income or $4,500/month$1,500/$4,500 33% dtiDoing the other way you would end up with $5,000/month income $2,000/month liabilities$2,000/$5,000 = 40% dtiHope that helps.

Good reasons.No floor time, there is a call line up, no open house requirement.For both I can venture into commercial if I choose....don't know yet seeing I own more commercial.The split is not the main issue, although its the bulk of this post.I only heard #5 has good education.

In the venture you plan with investors, be aware NPN's are insolvent assets.

With 4 units to cover the burden it's not such a big hit but I could see someone that was breaking even or losing money every month being in trouble, especially if the old assessment was really low.

Hope this helps and good luck in your venture.

You can make money in real estate but you can also lose it.

What has kept you from venturing into duplexes/fourplexes or larger multi-family properties?

He says it's against HUD policy and she can lose her ability to sell (I'm assuming he means HUD homes).

Luckily for me, I'm involved with a local community of investors in Dallas that not only genuinely care about your success in real estate and whatever business venture you decide to get into, but also walk you through the whole process..