For example, does your income support carrying two mortgages OR will you need the rental income from property #1 to offset the total debt you're carrying per month.

This will allow you to acquire more rental units and also being able to use the vacated unit rents at 75% to help your debt to income ratio DTI.There is a FHA 100 mile rule if you do plan on using FHA on your 2nd house hack.

It's known for its challenging terrain and steep runs.Stowe Mountain Resort in Vermont: Stowe is a classic New England ski area with a charming village at its base.

View report*This link comes directly from our calculators, based on information input by the member who posted.This is my first attempt at making an educated calculation.

Their fees to do this is you pay them 3% of the ARV on the buy and 3% of the ARV on the sell to them (you have to let them represent you on the buy and sell but when you buy, their commission is still based on the ARV).This might be a great way to learn and make money at the same time. 

If they deem it unaffordable, they will try to negotiate it down and if you aren't satisfied then you can start the process over with another tenant. the 2k they are currently covered for rent can be an old number and one the past owner never bothered raising, but I would assume you would have to do your own application to be a landlord and I am sure the numbers used would be based on current FMR and the tenants current income level.. then again my knowledge is based on S8 St Petes Flordia, and you should call s8 housing authority to get clear and best answers

Hi everyone, I am am based in Orlando, FL and am very new to REI.

If it does, you can apply to assume the loan on your own credit, income and debt ratio.

They base their decision largely on "the deal" and your ability to execute the plan.

I don't have any debt at all, I have a 778 credit score, and I have about $35,000 in liquid.