(In general, of course, as indicated in this thread, there is no clear definition of "student").

Only 3 loads.Hope you clear up Joel!

Yet "quantifiable documentation" is not clearly defined.

Holding clear title to the asset that's earning is a good thing.

I did the same thing as an investor on properties I intended to hold for retirement, free and clear was the goal, the sooner the better.

If you cleared $5k I would be surprised and there is no way in hizell I am investing over $100k to make $5k.On a buy and hold, your gross rents of stated $1100 at best equates to $660 left over based on a 40% operating cost ratio (which is more of a better case scenario).

Does the seller own the property free & clear?

In the negotiations (civilly, if ever there was a misnomer...) the buyer's attorney says, "We won't persue criminal charges against you, Mr. seller/lender if you drop the foreclosure against my client and give him the house free and clear."

So, if it was purchase money it looks like you're in the clear.

I know a few who claim to loan at higher rates and points but it’s not clear how serious or how much business they do.