The lender may count the rental income from the first property.

Two things here.First, I'm still baffled by the number of users who will write in the forums that they agree with a post, and yet when you see the vote count for the post in question, it is zero.

The lender may or may not let you count the rent as income.

count me in

Hello Fellow InvestorsI'm from Poland but currently based in the UK and would be willing to join you Uwe and others in serching for good multi-family deals in Ohio, that are cashflow positive.I'm new to this forum as you can see, I've done a bit of researching on the subject of property investing in the US but mostly on Detroit market so far.Anywhere in EU is very expensive and you can not count on any half decent cashflow from your investment.US looks good at least on paper, especially so called rust belt states.I'm not looking for capital appreciation as my main objective but for a solid cashflow.

If there are more than a certain multiple of 20 in the reply count, I will click on the time of the link (it says something like updated "1 hour ago" in the right hand "Last Reply" column) from that most recent post on a thread; it takes you to the page that has that post, so you don't have to flip past all the pages on the thread you've already seen.

Will that count for anything when dividing up the cash?

Because I was right on all counts the guy would not sell them to me, or let me do a short sale.

My guess is, don't count on it.Ofgift

looking at your first post closer, it appears you have found an investor who did not do things properly as far as screening her client who then destroyed her property and she does not want to put out the money necessary to get it back into rentable condition.She was probably counting on the rental income to pay the mortgage for her and now finds herself in trouble because she cant pay that mortgage and she does not want it to affect her personal finances.