50/50 is common and keeps people happy from my experience

For instance, if the current owner is paying the water bill and the MFH property is submetered, maybe it makes sense to put the water bill back on the tenants (except for the common areas).

The problem I ran into with the first bank (and confirmed by the second one who returned my phone call) was “to consider any income from 1099 self employment I would need a tax return for the past two years, and they would average the amount.

Not sure how common this is or whatever as this is my first actual deal, but it is possible it appears.

Won’t allow me to post his phone number.

lol) So we followed up with husband again the next day on the phone and he was a little grumpy and said that if he were to take our offer he wants nothing less than $500k and we shouldn't need more than a day to close/get the money (we planned on wholesaling the land to a developer).

I have also done some other research and have read about Fannie Mae home-style loan which basically encompasses what I have been saying and combines the cost of a "fix-er-upper" and the cost of said repairs, and wondered if this is common.

The common way that Fannie Mae and Freddie mac will look at a rental that doesn't show up on your taxes yet is.......Gross rents X .75% minus PITI = ???

Quick question for you guys...How do I get a phone number from a list I downloaded from List Source?

Then I went through and found a couple I wanted to find names and phone numbers.