We are both on the lease, so the bank is counting the full $3200 because i could be held liable for that.

You take the time to tell me what you're looking for, where you're looking for it, what you want it for, how soon you want it, as well as anything you don't want that count's as a deal breaker.

If you're strategy is to flip to a retail buyer, you need to count on a minimum holding period of 2 years.Good luck and Good hunting!

Hello Diana, to answer your first question, if the comps are the most recent and have similar square footage, bedroom and bathroom count, same style...etc they it should be close.To answer your second question, PM me with the details on city of the property, what you are looking for as far as cash out, what you believe the value of the property is, what date and year you purchased the house, and what was the purchase price. 

Please count me in if you guys decide to meet.Robert

Depending on their guidelines, they may be able to count the rental property income (after a haircut) against the rental property debt.

Leaving their junk in the yard does not count. 

And you can probably figure on only doing 2 deals a year with that money.So in order to do 6 deals a year, you'd need 75k to 150k.And thats not even counting the flips you mentioned.  

just notes and investments of a  short term nature.. plus a building business which really does not count.. its building houses and selling them.. or kind of like flipping .. not really investing.. its a business that goes with the market cycles

, so we will likely be trying to move from our one bedroom apartment to an actual SFH in a year or less.Unfortunately, an average sized home in a mediocre to decent area by us can easily cost $500k or more, not to mention property taxes well over $10k/year.I just got off the phone with a credit union and got pre-approved for a loan for the investment property, however should I go to them for a mortgage on a second house in the future, they will not count any rental income until I've had that MFH for at least two years.My concern is that if I go ahead with the purchase of an investment MFH now, and next year I go for a mortgage on a SFH for our primary residence, we will only be approved for a mortgage of $XXX, whereas if I had never purchased that MFH, we would be approved for $YYY, where YYY is significantly higher than XXX.Depending on the exact purchase price, the mortgage on the MFH would likely only be for around $45k or so maximum, so with a correspondingly low monthly payment, I'm not sure if that's enough to really make a large difference in what I'd be approved for a year down the road, but I'd definitely like to know in advance rather than be surprised by it!