They are both in their mid 60's and don't qualify for disability. 

Once you develop a relationship with them they can be a great referral source for both sellers (listings that they can't sell and at the end of their contract) and buyers (were under contract and just about to close only to find out that they can't qualify for the loan).Hope that helps @Moises Suazo!

But if you want to see that baseline index... the chart is adding vertical space on the Y axis every week as it continues to hit the top of the chart.The big question for me as a lender: when I preapprove someone, knowing they are going to spend weeks or months house hunting, and looking at that trend-line, should I be qualifying them at current rate + 0.25%, or current rate + 0.75%? 

For example, in some cases you can use 75% of the potential market rents added to your max PITI to qualify for the loan for up to 1.2 million.

If you're comfortable with debt and can qualify for this much financing, that $140k could give you several down payments.The point is you're in a position with a lot of options, and most of them will result in greater cash flow, fewer fees, and much better diversification.

Hey BP,So one of the HOA's that I own a rental in is trying to pass an amendment limiting rentals to 20% of the homes in the neighborhood and all tenants and leases have to be approved by the board of directors of the HOA.From all the research I have done on BP it seems like if this passes I am SOL, and probably will have to sell. is this a correct understanding?

You also need the ability to qualify for a commercial mortgage.

I can say that while these were terrible experiences, I am now a fully qualified plumber and electrician and much better at selecting tenants.

The only immediate repairs I saw where the chimneys need retoppi g, the dtiveway needs redoing and the basement qindows need to be boarded in and insulated. the rest is cosmetics as long as the residents stay.Originally posted by @Jim Goebel:@Brian FooteHiIt's going to be hard to say precisely without knowledge of your market however those rent numbers are pretty good if I'm seeing the $1600+ for what you're getting into the property for.The 'gotchas' that I see that I'd want you to really be comfortable with would be that repair cost number - this would have to be a pretty light rehab where you're maybe doing a facelift, etc. 

HSAs, on the other hand, require only a high-deductible health care plan where the deductible is high enough to qualify the plan for an HSA.