I have a sizeable down payment saved, with little debt, and I already have a mortgage on my current horse farm, that helps pay for itself.

Gross income 4x PITI, 800+ credit scores, no other debt including student loans. 

That's going to to adjust your gross income and will ultimately contribute to your debt to income tolerance.

Title companies insure from the last insured transaction, called a "starter" and utilize reciprocal arrangements with prior insured transactions"In order to satisfy a title underwriter the a secured debt has been paid and eliminated as an exception, besides an affirmative response from the lienholder, including a demand with a zero balance and release and satisfaction or reconveyance, you can alternatively move the risk elsewhere.

I did pull enough out early on to pay off my own home, so I am currently debt free besides my 0% apr auto loan.My plan is to learn as much as possible here on BP and diversify a big chunk of what's left over into local real estate.

Once I know our financing options (ie. monthly debt servicing overhead), I can really double down on my prospecting efforts.

I'm new to the real Estate world and want to know is $2000 dollars enough to get started making money my credit sucks no credit cards and up to my eyelids in debt came across some money and wanted to invest in real estate want to be an  entrepreneur tired of working on someone else's dream want to work on my dreams  I'm in the Chicago land area and I'm a quick studie can any body help me learn I'm new and don't know nothing please help!!!

I'm not talking about running up a S-load of debt and hiding.

We almost didn't get approved because of the debt/income ratio.

.- Pay all that CC debt back and set everything right the day you get your keys. - Look at kids college fund accounts and the like that already have her name on it.