Roommate termination agreement.It's your choice but usually deposit stays on apartment.

And you need at least 20% equity as conventional loans are usually 80% LTV.The benefits are getting a lower interest rate, at least with the rates we have right not, and getting rid of Private Mortgage Insurance, PMI, which is about $220 a month for me.

I usually don't do 30 day notices - even if they have been in the unit for less than a year and it is under 10 percent- because I want to give them a chance to weigh the cost of moving against the rent increase.

Good news is that vacancy rates are usually pretty stable with recessions being good for investors as vacancy rates decrease.

If they roll the points into the loan (as I do) the borrower usually only pays their closing costs. 

Step away from this nonsense.Unless she has a source of income to actually buy this, that she hasn't declared to the local housing authority, I will bet that she wants to use her Section 8 deposits to  you to purchase the house. and if she hasn't declared her extra income to section 8, then she's just defrauding the system.You can either say "no" directly to her, or just say that you still have a mortgage and you can't enter into a lease purchase agreement for at least another 12 years.

Real private money usually starts from someone you know well.

@Cassidy Burns  Same way you find a mate, you've got to kiss a lot of frogs...I usually do the planning but I listen to the contractors suggestions.

I was getting lots of extended  family staying over for months and I pay the water bill on my multi's.My additional persons clause simply states that additional people that stay more than 10 days will be charged an extra $100\mo per person.

There's a BP get together group that meets once a month, you can attend a TREIA West event (near Cary), a TREIA main event, TREIA subgroup for newbies which Tim Masters runs....Triangle Deal Maker Sessions usually meets the first Monday of the month (it's the second Monday in September because of Labor Day)....