Freddie Mac Single-Family Seller/Servicer Guide Chapter 4501 As of 11/15/17 Page 4501-7 The Borrower may have an ownership interest in a residential property other than the Mortgaged Premises if the Borrower does not occupy the property, and the Seller documents the following in the Mortgage file: The Borrower inherited their ownership interest in the property and shares ownership with another party, or The Borrower owns the property with another party and the debt associated with the property was assigned to the other party by a court order (e.g., a divorce decree), or The Borrower is a cosigner/guarantor on the related Mortgage debt and someone other than the Borrower has made payments on the debt associated with the property for the most recent 12 months, as documented with copies of canceled checks or a statement from the lender See Section 5401.2(b)(i) for requirements for excluding liabilities, including Mortgage debt, from the monthly debt payment-to-income ratio.Well - this is my third property that I am acquiring.

My real estate experience is as follows, I bought a 2.9 acre piece of raw land earlier this year, still planning the build on it.

Write out a brief script so you’ll have something to follow when that hometown does answer and says, Yes!

I am not an accountant or attorney, but to be able to deduct on your taxes you need to follow that rule. 

The property has three 2br units and the rents are as follows with tenants paying all utilities but water :Unit 1: 800Unit 2: 750Unit 3: 650(Unit 3 is mine and a room is rented out to a friend) I haven’t received my first water and electric bill for the house lights but those shouldn’t be too excessive.I want to start working on putting together a deal for another multifamily with 3-4 units in about a year.

[Well done for not following through yourself!]

I am looking into purchasing my first property in pittsburgh and rent it out as long term investment.I have following hopes/strategies:- Safe area (B/B+)- Reasonable cash flow- Good appreciation potentialI am thinking following locations (which can totally be non sense)- Attract high income workers (close to IT hubs?

Following up on #2, do you think we should also vet travelers?

Out of country investing can be done, but you have to dedicate time in order to do it properly. results will follow and I believe will always be better then being dependable on this property manger or another

I am looking to connect with the following types of people to work with: General Contractors, Attorneys, Wholesalers, Accountants.