So, you would want to wait some years until they pay that mortgage down to take that action if needed.

So the ask for my Chicago investors- Anyone have a 3 to 4 bedroom/2 bath home that's not listed with a realtor (We're realtors and see everything that's listed).

I was talking with an investor about what I could read so I could have a valuable conversation with him about real estate investing.

So $1,200 appraisal would be a red flag for me in itself.

The agent has been communicative the whole time (something that I can say about 5% of agents in my limited experience) so I'm a fan!

So you can negotiate  a partial credit sometimes.

That should narrow the search to a few states and a dozen or so cities.

Word of Mouth....asking clients to help you spread the word is so valuable.

If income is tight you can buy your primary home first and use a DSCR loan program secondly to buy an investment rental because DSCR "Does Not" use income or tax returns instead it uses the properties rents to qualify.Best thing to do is talk to the Bank so that we can run the numbers up front so you know Max loan amount for primary.

But things were going so well in everything that I didn't have time to add any more investing strategies so I just stopped coming on here.