So, the day has come to finally figure out how much your rental property income will affect your child support payment.

It is for WA state properties only.

Maggie, keep in mind that pricing is based on demand so “expensive” property will usually outperform “affordable” property that is affordable because it’s often a crappy house in a crappy neighborhood that will attract crappy tenants.

There is some % of people who will sell at any price, maybe to get in a new home, maybe to sell a probate home, or get out of some kind of distress.

We were buying and selling hundreds of properties from 2009 - 2015.

You can speak to the lenders you are talking with about their debt to income etc. if you are getting conventional loan they will take that into consideration, if you go with a DSCR loan they look more at the metrics and financials of the property.

Hey All, I wanted to get some advice on how to use other people's money to purchase a long-term rental property. 

I was a little busy dealing with the hurricane (buttoning up both rental properties as well as my primary home) and evacuated myself on the 8th.  

I prefer my method because with the $800/month estimate you might buy a property believing its a great deal, BUT sell it after several years having made negative cash-flow.

Have you considered using long-term rental loans to finance your properties?