Say if we move into the main house and rent out the small house for 2 years, after 2 years worth of rental income from the small house in our tax return, lenders won't take this income into consideration for DTI calculation?

I will definitely take all this into consideration and will look deeper into these tips and ideas!

I was told the unwed birth rates dropped considerably when no assistance was being given.

We keep waiting for the next "wave" of them to come on the market but so far it's been 1 here, 1 there so the choices have been pretty slim the last few months.One thing my realtor mentioned is she expects a considerable slow down in those buying homes due to the $8k tax credit ending a couple days ago.

Even for this concern, though, the consideration is more complex than "buy when you're young and healthy because the rates will be higher if you wait and have some medical problem".

There are absolutely legal considerations that must be given when sending letters of default to a borrower!

Such preliminary title insurance report shall indicate that the form of title insurance contemplated by the report is a ALTA Owner's Policy Current updated titlecommitment with copies of all the underlying documents;i) The survey of the Property in the possession of the Seller; Buyer shall pay for any updates;j) Copies of any and all current or pending litigation, or notices of compliance work required by any authority, including but not limited to any agency of any local, state or federal government, concerning the Property;k) Copies of all Phase I and Phase II environmental engineering assessment reports in the possession of the Seller with respect to the Property, including details of any remedial environmental work currently under consideration, in process or performed on or in the Property during the last ten (10) years, including a detailed schedule of all such work which is either required by statute or law or which is contemplated or required hereinafter;l) Copies of any and all correspondence in possession of Seller from any local, state or federal government agency regarding (a) any zoning or re-zoning notices or applicationswith respect to the Property, or (b) any modifications to any highway or street which would in any way effect the Property, or (c) any existing or pending changes to FEMAflood maps directly affecting the Property that are in Seller’s possession;m) Copies of any and all correspondence in possession of Seller from any local fire department with respect to the Property.Should the Buyer find exception to any of the foregoing materials or to any studies thereof, then and in its sole opinion, the Buyer may terminate the Purchase Agreement upon written notice to the Seller prior to the expiration of the Feasibility Period.

But, by-far the biggest consideration (in my opinion) is that lack of competition within the industry and preferable treatment by revolving door bureaucrats means the government is paying way more than an efficient economic model would predict or endorse.

Such a benefit is a consideration to you, but only to the point of saving you loan costs and making the deal possible, but as Jon pointed out, it needs to be a good deal.

I'm not giving that consideration for a response.Is it ethical, that was the question, NO!