I'd encourage you to try to find the unassuming guy that drives an old truck/car, buys his clothes at Costco, and never brags about how many properties he owns.I'm just a small time landlord but I'd be happy to help if you think that I can be a resource.

The reason being you are correct, many times the borrower is not qualified for the loan, so my response to that is why do I want to give a loan to a borrower who does not have the ability to repay.

I've recently finished a Master's degree and have no job which means that I have time to dedicate to REI.

I think it's time for a new hire!

Costin, A prepayment is an interest-based: The lender charges a specific time period's worth of interest—say, 6 months' worth—if you pay off your loan early.

When you need to know something I believe in “just in time learning” afterall its not what you know it’s who you know that matters.

The only time you can somewhat increase the rent is with a tenant moving out (or dying of old age) and you doing a major renovation.

Sounds like she really timed that one perfectly and scored a big win.

Purchase price: $55,000 Cash invested: $85,000 Sale price: $280,000 I feel like luck and timing played a roll in scooping up this Garfield Park home.

It will take time to heat up.