Almost half of the houses have equity less than 100 percent all the way down to -68 percent.

Your loan amount will be 32K at best, most likely 30K, both below most lender's minimum loan amounts.No LLC owned individually with less than about 5 years and a net worth of less than a half million would be seen prudently as carrying it's own weight, credit on business entities is pretty much a myth for small investors.

Welcome from a new BPer also in NC, about a half hour south of Raleigh.

Probably about half the calls I get are from people that think I am an agent looking for a listing even though my marketing clearly says otherwise.

He wouldn't even pay half the cost.

But the half dozen or so municipal codes I've look at for this specific topic have all forbidden them.

I make a decent wage, however almost half of my wage goes to support payments and the rest goes to paying down debt.

I have rented in the past but it has been vacant for the last 5 months.The other is a condo that it is currently rented and I owe half of it.

I have been told to consider finding a rich friend and getting them to cosign.Finally, about half of the multi fam properties here in Austin have been paid for in cash this year so far, so I have considered just using all of my money to get into my first house and then pulling equity from it in a year or two.

I especially run into this when I buy them off of the mls, such as an REO or short sale, which have probably made up about half of my recent projects.