It's called Debt Service Credit Ratio.

So while a lot of people made money by holding to rental properties in the prime areas of Austin by values going up, it can wipe you out if you’re not financially prepared to handle emergencies.

In 10 years, you'll be glad you did.thank you karen. interesting, the more i dig the more reasons i find for single family house to be a better option. starting to understand why they are cheaper when compared to an equivalent sfh..regarding financing , i would love not to put 100%, but i'm not a from the us and from what i understand i can't get any mortgage in the us yet (don't have a credit score, nothing). my plan is to buy the first property now cash only and start working on getting my credit score going so in 18-24 months i can buy my next one with a mortgage.Originally posted by @Scott Schultz: Regarding Condo Exterior repairs, it is also common for a major repair to require additional funds over the HOA dues, so a Special Assessment is often levied.

As of now i am working on building my credit , since i do not have my own money to invest.

Based on my credit, income, and a few documents I had to provide they were able to get me the money in 5 business days. 

You should ask the bank first if they can provide additional funding, but be prepared to explain what happened with documentation to support it. 

Hi All,I have a rental applicant whom I would like to place in one of my shared housing rentals.We strictly require all applicants to undergo a credit and background check.

And I presume it will get to 5 pretty quick unless you have great credit depending on area. 

I have about four savings account which totals a little over 3k for different reasons like Emergency (2k), Travel (1k), a credit union saving (~300+), and investments (~350 and adding [Had more but I spent it some stuff to educate myself and get started with the stock market.

The George Lucas Museum, Coliseum & Exposition Park renovation (preparation for the Olympics), USC's continued investments in the area, LA Ram's stadium, Metro Rail development, and the fact that much the rest of Los Angeles is unaffordable, are all contributing to the development here.