Just trying to plan ahead :).Thanks, Dan Dietz I wrote a couple articles that might help about the above that pertain to conventional financing but at the end of the day it depends on what time of financing you're looking for.Conventional lenders and normal residential lenders use debt to income as a measure to qualify while commercial and portfolio lenders use debt service ratio.10 Best Practices in 1-4 Unit Investing for Agency/Conv.

You could then temporarily relocate your long-term tenant to the second floor while you re-wire/renovate their unit.

@Graham: Try to find out from the agent why they are selling (relocation, job loss, upgrading, downsizing), what's their intent after they sell.

In practice, it shows your cards.

While the courses don't teach you a lot of real world practical knowledge, you will learn more in a live classroom, as opposed to online, along with making some contacts.

Real estate is new to me and with any apprenticeship you start with you have to gain as much information as you can and practice it.

I have been practicing analyzing some buy and hold deals in my area and came across this one that seems like a pretty good deal on a duplex.

It would be a great Home/Office for a medical practice, where do folks look?

I have read and believe it to be true that 8 out 10 people that take the real estate class and exam never actually practice real estate.

I started out at Deloitte in their Real Estate practice group here in NYC.