Hey John, I think you are going to have a tough time getting a transactional funder for this kind of a deal.

I've seen similar to what John McCombs pointed out; car loans totaling up to almost what the rent was - those are not good prospects.But for people with or without kids, I still use 3x, and then I look at their monthly obligations as itemized on their credit report to see if they are on the hook for something big per month.

Thanks,John

A short sale is when the bank says "yeah, I know John Homeowner owes us $105,000 - but we will take $70,000 and call it good."

For example, if John buys a property that will generate $125,000 per year and he pays $900,000 for it, the cap rate is: 125,000/900,000 = 13.89%."

John, I don't know.

Originally posted by John Jackson:CRAP!!!

I went to Avondale High.Looking at North Atlanta like Johns Creek or Alpharetta and maybe Duluth.I'm looking at returning in Aug.

Here is how I would think a fair division would be between Jon and John Doe.

John Jackson rocks!