Owner-occupants, however, won't likely be able to qualify for two simultaneous mortgages while waiting for the lease to expire.  

A mortgage lender told me that I don't have enough income to qualify for a investment property. 

Hello Everyone!

I am interested in performing a Subject To deal, but I wanted to know what are the most profitable exit strategies? Or does it depend on the deal ?

Is anyone able to provide a personal example of ...

Also it doesn't seem like they take into account that rents do go up over time while ones mortgage payment will remain the same as long as it's fixed .The writer does seem like they have researched quite a bit about the stock market , but that actually takes a lot of time.

Yet, I don't believe I can afford let's say a 1k monthly mortgage payment.

The property is listed for $119k, the mortgage balance is $60k, the monthly payments are $700.

I'm in contact with a seller a couple weeks from auction date. He owes $189k plus $1k on a second to get caught up. The first would be paid off. Leaving $250k on the second.

He offered to carry the second. Is that s...

There's currently mortgages taken on the parent's house and his house to help pay for the care-givers, and the houses are not a part of the corporation at all.

I currently have 6 mortgages in my name.

I put down 5 percent of the down payment on a duplex that cost 290k, once I moved in the mortgage was 1589, I rented out a room for my friend for 650.