In this analysis, income stability takes precedence over job stability.A borrower’s income may be considered effective and stable when recently returning to work after an extended absence if he/she is employed in the current job for six months or longer, and can document a two year work history prior to an absence from employmentusing traditional employment verifications, and/or  copies of W-2 forms or pay stubs.Note: An acceptable employment situation includes an individual who took several years off from employment to raise children, then returned to the workforce.Important: Employment situations not meeting the criteria listed above may only be considered as compensating factors.

I just did one for an 84 year old guy, it was on his bucket list to own a home.The biggest hang up on the entire deal was he rented the same place for almost 40 years and the landlord was a total pita and won't release rent statements because he didn't want to loose him as a tenant.So Yes its totally possible but as Chris said the use of technology was difficult but his great grandson help out in a major way.

Hello all, 

I am closing this month on a triplex in Florida. I am inheriting a tenant with three cats that is reportedly very rarely actually staying at this apartment since she stays with her boyfriend most of the...

They will release the funds little by little as the work is completed and inspected. 

I didn’t have any debt other than mortgages, so I was not financially over-extended.

Code §92.056(d).Affidavit for DelayA landlord may extend the time period to repair by filing an Affidavit for Delay.

The NY Board of Realtors released a guidance document a few weeks ago. 

Just trying to extend my reach on here as well.

If that's the case, the capex improvement passthrough would be decreased $-wise by extending to a greater number of depreciated years so as not to exceed that 30% ceiling.

And it starts very subtle and you cannot see the full extend of the desaster you have gotten yourself into until you have been through a few tenants.