[Edit] Forgot to add this little most commonly unknown fact about LLC's and Corps...Think you might have to go to small claims court or municipal court to get a judgement against a tenant or file an eviction?

video.I know its not good to pass judgement, and I commend you for not doing that, but come on...if someone doesnt have the common sense enough to dress appropriately for someone you're attempting to sell something to

Anyone who has made a successful career of real estate investing anywhere beyond 3-5 years and has been successful in both up and down markets employs these principles.

TIC - Tenants In Common.

In many locations now, its common to also pay some of the buyers's closing costs.The rule of thumb is that if your purchase plus closing costs are under 70% of the ARV (what you can quickly sell for after fixup, which may be less than comps), you will make 10-15% of the ARV as profit.Jon

we have excellent credit: 791 and 761our house just appraised at $1.1million and has $417K fixed 5.25%mortgagei am self employed and always have gone stated income.are there any banks doing stated income lines of credit??

It was commonly used for larger plots when I lived in TX.

Common for many programmers to forget that there is more than the US model so not completely a surprise.The 'bug' is the following.

A common theme among newbies is, they pay to much for their first property, they don't understand cash flow, and they complain when they have to take a loss a few years down the road because they overpaid in the first place.

I don't know if the bank would give you that info but if you go to the county's Registar of Deeds you should be able to look it up through the property ID number or name of the previous owner or by the commonly known address.