Over the years i have been extremely passive with the business and never took the time to really learn how to property invest in real estate, i just assumed i was doing things correctly, i didn't know how to do the numbers, just went with the flow.Since im down to 5 rentals and i made a very small amount of money selling off the negative cash flow rentals that just never recovered from the market crash in those 2 areas, since i bought to high in the peak of the market prior to the crash. i decided to apply for a mortgage to purchase another rental in my local area using some of the new knowledge i have learned recently, but after applying for multiple mortgages most of the places i applied basically said no, that cash flow to money lent to me is in a risky zone, basically i own properties that were not bought with rental numbers in mind, so turning them into rentals they barely cashflow except for my very last property i purchased that i did basically a flip on, that left lots of room between the mortgage payment and rental rates in the area.

Should I be focused on a 2% rent rule or is 1.5% enough?

I started a business entity and applied for business credit.

I am thinking if these were owner occ though ( I mainly deal with non owner) and the new rules it could be tougher .so I would plan on paying them off.. and if they have not filed a default then you just learn the time lines in that state and you know worse case scenario when you need to pay them off.

We turned it into a rental and has been cash flowing for over 2 years, so I believe that should not count against us while applying for another loan.

Oregon you just need to follow the rules.

I called them and subsequently called FHA who told me to call my current lender but also gave me advice that led to my same conclusion:All FHA AirBnb rules seem to be specifically geared towards my unit that I live in.

Standard foreclosure laws and protections apply. 

I was originally looking at Texas but found out buyers can essentially recoup 100% of term payments under exemplary contract rules.

My question is, can I get a heloc without it having appraised or should I have it appraised then apply for a heloc?