It is also evident that you left out many of the operating expenses, such as management (even if you do it yourself), utilities (even if only during vacancies), office supplies, legal fees, evictions, damage done by tenants in excess of the security deposit, entity maintenance, lawsuits, capital expenses (not technically an operating expense), etc, etc, etc.You might want to read one of the 50% Rule sticky threads in the General and Landlording topic areas.Good Luck,Mike

How can I get in contact with my local section 8 office?

You can also buy a mortgage calculator at most office supply stores, although that certainly isn't necessary unless you want to carry one with you as you look at houses.Mike

That's a shame, probably the fault of a new office employee or something.

Call a bunch of title companies and ask them, they would know.You might or probably will get a lot of title agents have no clue what your talking about so they'll be like, "whats your number and I'll get back to you"if those words are mentioned, either hang up and call another title company or ask them if they can do WRAPS.Wraps are very similar to Sub2s and there is a chance that a title company will understand that.If they tell you NO you cannot do those transaction here in NM, ask them for the proof that you can't or refer you to their legal department to have them explain why it is not legal whether they call it a Wrap or Sub2You could also contact the Attorney Generals office, but your not going to get any straight answers there unless you can find an article or press release relating to Subject to's or 'creative acquisitions in real estate' detailing certain laws that they will most certainly cite in those press releases/articles.What ever you do, do not go to the department of Real Estate or any other agency that is obviously funded and structured for Realtors b/c they will tell you anything outside a standard typical transaction involving an Agent is illegal.Hope that helps

Look for the closing/active board in the office and see how much activity there is.

Corey, you can go to any Office Depot and pick the forms up..You can also retype and modify them to suit you as well.

. =) I also talked to an officer in my local bank and she told me they don't have seasoning to refi into a mortgage when using a HELOC, so I'd be able to repay right away...

Depending on the lender and the rep assigned to the file, they might do another one if you supply them comps that support it.

Her entire office was given their walking papers.