It will be hard to secure a traditional loan without enough income to keep your DTI ratio in line with the requisite thresholds.

Hey BP fam, i currently have a self loan through my own personal bank to help establish some credit now should i wait till its paid off to get a secured credit or should i get one already and also should i get another personal loan through another bank to build credit as well?

If I can pay my expenses with social security income and medicare, would you recommend giving it a go?

In reading my 1993 fixed/adjustable mortgage note (5/1) I have the standard paragraph 11 "Uniform Secured Note" statement that can trigger a "due on sale" clause.

Source of down payment funds, if applicable: own funds, secured borrowed funds (HELOC).Income Source: Salaried FTE W2 until 7/1/21, 1099 independent contractor (healthcare consulting for 2 years)Gross monthly income (optional): $6KMonthly debt obligations appearing on credit report, plus (if applicable) personal rent and alimony/child support/etc: $1,400FICO: 696Credit issues: One late payment on a card recently, currently owe $4,700 in cards.  

Today I had closed on a duplex, signed all the necessary papers and after I had left I realized that I had not received the rent checks or the security deposit from the seller.

Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

This technology is in its infancy for use in real estate but I think it will really take off due to the security of the transactions and ease of investing.

I want to note that ethically, I do not feel comfortable collecting rent from her next of kin so the component of obligation of the estate is largely irrelevant.You are also apparently supposed to secure all of her belongings and note anything that is removed by family members that you allow to visit the property.  

A few generic questions I’ve been struggling with:After obtaining my license, what would be the best route to be at a level, which I can start comfortably flipping properties or securing rental properties?