Forclosure simply doesn't exists, since there was only 9 forclosure last year....A simple, basic SFR is over 2,000,000 USD and a good property in a good location is over 10,000,000 USD so It's completly out of reach for me and I'm looking at condos.For condos, the median price is 10000 CHF per square meter, to translate it's 1000 USD per sq ft and it's a median price, condos near the lake or in the city center are two or tree times more expensive.With theses prices, the 2% rules is completly impossible to obtain since the rent for a small condo of 300 sq ft is around 1500 USD (0.5%) per month and a 1000 sq ft condo is arround 4000 USD per month (0.4%).The only good thing is the interest rate who is incredibly low at 2.79% for 15 years for a fixed rate for exemple, another "strange" local particularity is that in Switzerland we don't really pay our mortages, ever : for fiscal reasons it's a lot more interesting to have a debt on our house so we pay a small interest rate and have a big tax reduction.Most of the experts agree that Geneva face a housing bubble, the problem is that 10 years ago they where saying that too and prices have rised by 100% since... and there is still a severe house shortage and very low credits costs so I don't really see how things could really change...I tried to look in other part of Switzerland, the price is lower but the rent goes down too so the ratio isn't really better...One possiblity would be to invest in France since the border is so close and the price theres are 40% lower and there is a lot of government helps for investors like 19% of your money back on a new house purchase if you keep a gov fixed (read low) rent for 9 years.What would you do in my situation ?

If anyone has, have you tested listing that web address in all the letters vs, for example, after 3 have been sent or some other combination?

So they hurt your debt-to-income ratio, but they have minimal impact on your credit score (as long as you make your payments).

That is a 13% debt-to-income, assuming no other debts.I dont want to stretch my definition too thin, but if someone who is making minimum wage can qualify for a mortgage, then we are probably in a puddle.

You have to take the sellers numbers, use the ones that will be applicable to you (like utilities and taxes), and also use different numbers that are the ones that are specific to you (debt service on that bigger loan that you'll be needing).Lots of good advice from other posts above.

Financing will be 30% down ($10,500), 6% for 15 years with a payment of 206.74Expenses monthly are:-Taxes $115.66 currently-Insurance $52.25-Maintenance (10% of rent) $93-Utilities ($50 per quarter, per unit for water and sanitation) $33.33-Management (10% of rent) $93-Vacancy (10% of rent) $93Once I take my expenses and debt service from my gross rent, I'm left with $243.01 cash flow for a 27.77% COCR.

The main problems you have with foundations is poor drainage, poorly compacted soils, expansive soils or some combination thereof.

I was wondering if anyone had heard the rule of not spending over half of ones' savings on anything if you have no debt.

But some will let you borrow a combination of the purchase money and the rehab money.

I go through with a fine tooth comb in the contract make sure you can cancel when you want to.