The mainstream of lenders require a BK to be aged/seasoned to a min. of 2 years, but there are loan programs that don't prescribe to this generally accepted guideline (but there will be tradeoffs).

Originally posted by "MikeOH": I would certainly do a cash flow analysis.Mike,When doing a cash flow analysis do you use a computer program or just run some numbers with a calculator?

I picked it up on E-Bay for $35 shipped. a simple excel program will work.

I seen mentor programs go from $100-$15k.

She escaped the software programming rat race for the self employed real estate rat race....and she didn't even like bird dogging!

Has anyone here used their program?

The link in your signature looks like an affiliate program link.Care to fill in the details?

You are now responsible for the mortgage and no telling how long it will take to get someone else into the program as a potential buyer?

Here is one commercial program that might work for you:SMALL BALANCE COMMERCIAL, 005 85% tier IV Loan Program Notes • LTV is allowed up to 97% of the property value

Putting several rentals in each LLC is a good compromise between practicality and protection.I strongly believe that a multi-layered asset protection program IS necessary if you are going to build a significant rental property business.