A long time ago, in a smoked filled card room off a dark alley on a back street in Vegas, a wise man said to me, "If you've been playing poker for half an hour and you still don't know who the patsy is at the table, you should stop gambling and go look in the mirror."

The Architectural Guidelines of our community HOA state that “Certain architectural guidelines are established herein and the AC will general approve those applications for residential design and construction, which reasonably meet these guidelines.

There are some DTI guidelines she'd have to meet and there's a limit of 10 mortgages that could come up as well but in generally that's how it works.As far as leveraging properties, banks get a little touchy on this.

That is what you're gambling.

Again I appreciate everyone's responses. 2% and 50% guidelines are more than satisfied.

It is just a guideline to screen quickly.

You set the guidelines for them and let them do what they do best, find you deals that meet your criteria and write offers on them.You want to make it easy for them to get offers signed and filled out and make sure they have all your important docs (LLC declaration, copies of EMD checks, and if possible a form style PDF offer that you have already signed and has all the same language you need for an offer).Another good thing to have is an appraiser friend.

The lender may have guidelines which you will have to understand on how soon the seller can vacate the company with cash or how long you would have to be a member for them to lend, etc.

Again, by the water would be nice to keep my kids busy and entertained.What I can trade you for: a week into a similar size mountain cabin in the CO mountains, by Pikes Peak, 2 hrs from Denver, extremely private, minutes close to gambling town, fishing, hunting, hiking or other mountain type attractions.

And you need to find a bank that will go along with it.Under new Fannie Mae guidelines, (well not so new this was done in May 2009) You can have up to 10 properties financaed in youro name as long as the following is met....actually I am gonna make it easierfor you: here it is straight from Fannie Mae....https://www.efanniemae.com/sf/guides/ssg/annltrs/pdf/2009/0902.pdfAgain hardest part is finding banks who will agree and do the loan.hope this helps,Chris