If you force the seller to evict you have no reason to be involved personally with the tenant.

With a term lease you are forced to either evict, which is costly, or wait till the lease is up to non renew.I believe term leases are a bad deal for landlords, as most tenant problem posts on BP clearly indicates, and therefor do not offer term leases to any tenant.

Some small banks and credit unions prefer to kick any deal where rental income is needed to qualify over to their commercial department so they can swing higher rates, ARMs, and points up-front.You can get a 30YF Agency loan on a residential rental property, assuming no commercial characteristics (storefront etc), the property is in fanciable condition, and you otherwise qualify.

I'm a air force veteran and college student looking to make some money on the side.

The following is my actual situation...property 1 (SFR, CA) rent: 1850 value: 362k loan: 113k payment: 850 rate: 4.375% 30yr fixed HELOC: 73k payment: 500 rate: 4.75%property 2 (SFR, Utah) rent: 975 value: 150k loan: 58k payment: 450 rate: 4.8% 30yr fixed property 3 (duplex, Utah) rent: 1050 value: 150k loan: 67.5k payment: 500 rate: 4.875% 30yr fixedproperty 4 (duplex, Utah) rent: 1050 value: 150k loan: 67.5k payment: 500 rate: 4.875% 30yr fixedproperty 5 (SFR, CA, Primary residence, parents renting) rent: 2200 value: 395k loan: 301k payment: 1900 rate: 4.5% 7/1 arm total assets: 1.207 million total liabilities: 680k net worth: 527ktotal rent: 7125 total payments: 4700 difference: 2425total cash: 30kown cars cash. no other rent/mort payment, credit cards paid to 0 balance every month...

The higher the risk the higher the discount which increases your IRR. and yes, the lower priced assets will erode your profit from servicing fees and possible force placed insurance expenses.

The bankruptcy court forced him to put all his properties under one entity and then file bankruptcy.

Recent medical issues have forced him to the sidelines temporarily, and I am hoping to take this opportunity to formalize some processes and add more structure to his rentals.

Hi, my name's David from Holt (Lansing area) in Michigan.I'm a semi-newbie....My wife and I purchased our first home in 2004 with a nothing-down, interest-only, ARM, thinking we'd simply upgrade in three to five years, as I was raised to believe real estate always appreciates.

It's in a 7/1 ARM at 2.875% that won't adjust until 2020.Even with the great interest rate, the property doesn't cash flow (San Diego), some of which is because the HOA keeps jacking up fees (now $500/month).