At that point, I'd rather just have a pre-built excel sheet I open once a year and type in my years'  expenses and income. 

The problem we have is we retired early so we don’t have income to show.  

I'm looking to buy a couple income properties in Toledo, Ohio.

You don’t need to make many changes other than filing your taxes differently and just budgeting differently due to the lack of one W2 income. 

Hey James, with a price range like that Columbus and Cleveland OH will be a standout choice, in these cities, your financial resources will go a long way enabling you to assemble a diverse multifamily portfolio and initiate a steady stream of income. 

As a side note I make around $13-25k a month in passive income.

When deciding whether to sell the rental property or buy out your partners, consider factors such as the current market value of the property, any outstanding mortgage or debts on the property, the potential for appreciation in the future, and the rental income generated by the property.Calculate the amount you would need to buy out your partners and compare it to the potential profit you could make by selling the property.

Question is will this state income tax lien survive the foreclosure?

Then the lender will generally count 75% of the rental income towards your qualifications.2.

Hi Alex,As for conventional cash out refinance, assuming you will use full documented programs, your rates and terms will be largely dependent on your credit, income, DTI and equity.