This looks like a relationship building opportunity provided you have confidence you will get your rent next week and can afford it. 

I am brainstorming on a location: nice weather, near the waterfront, affordable to flight in and outI have been thinking about a few placesFlorida - which zip code or area do you recommend?

Anyone who can afford a $2k rent can absolutely afford a $200-240k home.Your banker is okay being in 2nd position on the rental properties as a down payment?

If the tenant cannot afford the full rent, then the tenant cannot afford to live there.

I think the article is right on when it says, "the city’s biggest advantage is that it pairs affordability with growth".

I just can't afford to go without rent and continue paying mortgage.

I thought that I would probably end up having to evict her but, luckily she said that she knows that she can't afford the current rent amount (due to her daughter moving out/she was helping her pay the rent), so she's looking for a smaller and cheaper apartment.Good luck!

I'm not sure I completely understand what you're asking, but VA loans have a streamline refinance process that makes taking equity out in the future pretty easy and affordable.

I save $ by doing the work myself5. keep in mind your debt to income ratio, banks want to know if you can afford to pay them back6. know what adds value to your home and the comps in the area7. make a killer deal happen, don't shy away from rejection , make sure the numbers make sense, enjoy the journey of real estate , love what you do and you'll never work a day in your life Good luck to you!

I own 3 multi-families in the greater Boston area (2 duplexes in Watertown, One Duplex in Brighton) and I'm looking to expand my portfolio.There are several properties I've been looking at where I can afford the 20%, but the monthly numbers wouldn't make sense if I did.