I have over 100 to invest and of course my monthly income as I have no debts.

Does this company have low debt and good profits or dividends or is this a solid company and it wont disappear tomorrow.

Just because you might have 125% debt coverage and adequate collateral with good credit doesn't mean you have the ability to endless funding, lots of factors play in to the picture that are beyond your control. :)

When you renew the loan you'll be looking at more actual performance.It will or may be a new loan, so you will need to qualify as well, keep yourself in good shape, debt to income and credit will be viewed again.When you hear those stories they are usually due to either the property fails or the borrower fails to qualify, rarely is it due to portfolio issues or regulators unless the loan was not paid as agreed, but it can happen with a troubled bank.

At last count, they had a combined 60+ deals among them...and all of them had at least 4 or 5.

If you don't have this in the DOT or loan agreement, they could ask for 150K for 2 properties, or whatever, which could limit your ability to sell without kicking in more cash on the total debt.

Especially consumer debt.

After you get 22% equity, by a combination of paying down the mortgage and appreciation, you can apply and have it eliminated.

Keep in mind the 50% rule is for expenses EXCLUDING debt service, therefore the rule would look like this: cash flow = gross rent * .5 - mortgage payment (principle and interest only).So if your gross rent is 1100, then:1100 X .5 = $550 minus $350 mortgage (just tossed in, not a real number) = $200 monthly cash flow.

15 yrBut we don't like debt so....not norm here ;)We now have 10 yr on primary home.Investment was 5 yr arm and we begged.Cash and equity other deals.