Originally posted by @Gareth Fisher:Originally posted by @Roger Steciak:I've read where CLOs (collateralized loan obligations) are the new CDOs (collateralized debt obligations).

@Kelly Rogers  When you file is ready in the system with your lender they can run the file in so many ways to give you advise which debts you can pay so you have right DTI for loan.

About a month ago, my uncle offered to sell me a property he rents out, of which I am a current renter.

Account Closed Hi Roger, apologies for the delay.

Thanks, Roger

The latter has more risk and {potentially} more reward, but as my uncle would say: unless you grew up farming, you probably shouldn't consider share-cropping  [The same would apply to renting pasture for live-stock on a per-head share].  

Be sure to read 13-15 on disaster area losses.A tax professional is probably a good idea, but I'd avoid any who are shouting about how you can get big bucks out of Uncle Sugar on Facebook. 

Uncle Sam loves taxing you for your assets.

I've used William Barnes out of Hudson for over a decade...very reasonable rates and he's a ninja at clawing back all of the money you shouldn't pay Uncle Sam. 

Hi @Silas Rogers, were you able to find a good GC that you can recommend?