I've just grown skeptical of the Fannie process so I've moved on to non-Fannie deals.I believe the Fannie deals are going at a premium to account for the special financing terms (lower LTV ratios and ability to finance more properties than the usual Fannie limit).

I also think that this does probably limit people who do not like dogs from applying.This summer we had a unit open and this nice couple came to see it.

Dana is correct, Fannie, Freddie, USDA, FHA and VA will assume to be QM following those respective guidelines.Ratios can still go to 50% with compensating factors and there are exemptions for regulated lenders where the assumption will be made that a mortgage falls in the QM guidelines or they may originate a high risk mortgage with limiting loan conditions.

There are tons of people who know more than me, but I'll share from my limited experience.

From my limited research, it seems like focusing on areas near the proposed "light rail" might be a good use of time.

If you have lower limits on your underlying policy and your retained exposure under the umbrella is greater than that, then you end up with a layer of exposure with no coverage.For example, you have a $500,000 underlying liability policy (homeowners, for the sake of simplicity) and you retain $1,000,000 under your umbrella.

Many times the damages are limited to a percentage of the contract price. i.e. 10%.

If the eviction falls on a rainy day the Marshall will usually reschedule the eviction.Timeline for the whole process can take 3 to 4 weeks or 3 months like if in Fulton county and they have limited Marshalls and sometimes thousands of writs to serve a month.No legal advice.

People have said to me that if you buy and hold, that limits the number of properties that you CAN buy.I say the buy and hold limits the number of properties that you HAVE to buy.By your calculations you need 50 flips over 25 years.

I have limited experience in the real estate space but flipping homes has always been an interest of mine.