Tighten up your lease so there are some consequences for breaking rules.

The next property was a year later with the same financing setup but at the higher rate as a pure investment. 2010 was my next duplex purchase, this time with 20% down as lending standards tightened.

Its was already a strained economy qualifying for the EB-5 program even.

When I self manage, I can go tighten the p-trap under the vanity and save a $100 plumbing bill plus the manager fee.

Then, if all of the hard money companies and banks tighten lending, you will still be able to keep your business running because you are in control of how your deal is funded.

No mark up was added.My PM wasnt trying to intentionally mislead, she just mentioned that she knew they had been covered by the POA on a couple different occassions for her tenants in the past.My POA, like many, is really tightening things up these days so I guessing they may have done this as a courtesy in the past, but keeping it by the book now.Not a big deal... just wanted others opinions on whether or not I was getting screwed.I paid the bill about 30 seconds ago.

If things go badly (like they often do), it could put a tremendous strain on your marriage.

Eventually, you'll begin to trust who you're working with and you'll get to know the numbers better to the point where the ranges will tighten.

With higher standards of liquidity and leverage that U.S. banks will have to adhere to by 2015, most banks are tightening up the purse strings, not loosening them.

October, 2013The Canadian banks are starting to tighten-up their lending for investment properties ... yet they will still give our large - albeit insured - mortgages for owner occupied.