Debt to income ratio is great because it determines what a healthy overall monthly payment should be.If you make $4,000 per month ($48,000 per year) and you are buying a 4-family with potential rents of $1,000 from each unit, you have $3,000 in income and you will be occupying one unit.You then multiple $3,000 * 75% = $2,250.Add $2,250 to your income of $4,000 = $6,250.Multiply $6,250 * .55 (max DTI for FHA) = $3,437.50That is your total debt payments you can have on a monthly basis.

Is it FREE to apply for an EIN?

If you have any questions, please feel free to reach out. 

Good luck on your journey and feel free to reach out if you ever need any guidance or advice.

Even without REPS, your income from your property should be "tax free" since the deprecation created every year should offset it.

Feel free to reach out for more details and I can connect you. 

I am not really sure how this would work with an FHA loan since I mainly do non-QM, so if anyone else knows, feel free to chime in

If you have any questions, feel free to message me.

Also after you are established, conferences are totally worth it because it screens out all the investors that aren't serious about doing business. 

I want 12-14% COC but don't know if that is totally lala land.