@Jess Wagner fantastic, many agents "jump" before being properly prepared:)You might want to start posting some examples of what you do, or your office, to attract investors.

MV = $350k, current mortgage $248k, current HELOC $58k, net $44k. 

Fannie/Freddie then require you show leases and then use 75% of those leases to offset the mortgage payment. 

It continues to surprise me how many landlords approach us to manage their properties without having proper leases in place with their tenants during the transition.

Is that really what other investors have for their mortgage rate?

Question: Can you just put the money together and have them share the first mortgage?

Then how long would you be willing to wait till the rents catches up with the mortgage?

Even though the bank gave you $95,000 to buy the home, they get none of that appreciation.Opportunity Cost of Renting: No Loan PaydownWhen you own a property with a mortgage, part of your monthly payment goes towards paying down the principal which reduces the amount of the loan.

say you could rent for $1500, or you could get a mortgage for $2800 and collect $1400 in rent, so you have to net pay $1400 toward the mortgage.you house hack.you'd building equity. 

Hello everyone, My question is if you bought a duplex with 3.5% down using an FHA loan and you can't find a tenant to live in the other room and at the same time you don't want to be paying the full mortgage, what do you do?