there are 4 "children" that are equal beneficiaries of the IRA . what are the tax implications upon ultimate distribution to the children.

.- Your gross monthly income must equal approximately three times or more the monthly rent.- Your debt-to-income ratio should be within FMCC/FNMA guidelines.- A favorable credit history.- Be employed and able to furnish adequate proof of the required income.- Good references, housekeeping, and property maintenance from your previous landlords.- No history of evictions or broken leases.- No criminal background.Is there a clause that I can add to indicate that preference will be given to the most favorable applicant as defined by the above criterion?

.), and you have a 1100 sq.ft. house, it might be worth $103-105K, everything else being equal.

They are told up front that they need to have a good rental history and stable employment equal to at least three times the rent.

It's not just search criteria, consistency is equally important.

Hit them with 3 options.1.All cash quick close lowest price.Lower than the 2,000 per acre now.Tell them the market has gone down further and you would have to stretch for the all cash. 2.Bank finance with a seller carrying a second and you putting a nominal amount down equals a slightly higher price.3.

I'm guessing yes unfortunately.Is there a way to NOT be on the LLC that takes the loan yet still have an agreement with my finance partner to equally share ownership as I am the deal finder/manager?

Immediately after that you place a question mark and the word page followed by an equal symbol and the page number within the thread.

@Steve BabiakI was combining the concepts of getting it rented and keeping it rented to equal Minimize or eliminate vacancies.

My specifically, my rule of thumb would be you should have your own cash equal to about 15% of the price you expect to get for the property.