Bring in cash flow from the other, this will be a great start to your investment portfolio.

Hopefully it sells for a cap rate of 10, bringing in $150K as well as the income in the interim.

Honestly, I don't think he will unless I keep bringing it up.

That brings me to another question...When using the 50% rule, as far as expenses go what is included?

So, it would be hard to do lease option/sub to unless you know for sure you can bring in a buyer and make the #s work on the monthly pmt and you're cash flowing - just what I've seen.

Cut back on the comcast package, but just can't bring myself it get rid of it or the DVR.Both cars are paid off, and avoiding new ones for a while.Openoffice is a pretty acceptable alternative.I'd like to switch to an unlimited cell plan and cut off the landline, but I'm still carrying the kids on my plan.

Look at countries that are much more homogeneous than ours they still find reasons to quibble, why because that's what these ideas of political parties do, you cannot expect to get anything done if you want it done "YOUR" way unless your a fidel castro, kim jun il or the likes.take your time to understand that the only constant is this world is change and without understanding that and thinking that we can keep things the way they were or bring back the good old days are a pipe dream.My only hope for anyone ruling any country or a group of people is that they educate the population; with education anything can be fixed, without education we have people screaming to burn books, latching on to words that have no meaning and again i ask you ladies and gentlemen who on here invests their money in their communities and not just their nest egg for later.

Within walking distance of a cruise ship port that brings hundreds of thousands of people to the area every year.

Can you buy a property to rent which will bring you added cash flow so you can get into a nice first home and a second rental property in 5 years?

With that being said I bring my first question to the forum.What kind of measures do bankers look for when you apply for a loan on a income producing property?