If most of your debt is consumer debt (credit cards, etc.) that's a very different situation than if all of your debt is in real estate, or a business line of credit, or something else.

Your CRA should advise and require signed authorization from the applicant and it should be kept on file for 25 months from the time of inquiry.There are certain types of credit inquiries that can be made without the consumer's consent, but that's not applicable in this scenario.

what am i missing here in my head i sounds like it will work but i have to be missing something here. he is eager to put an offer in on a property and i think all this needs to be ironed out before we go forward. he also owns another business which is a body shop. i am open to any ideas or insight anyone has!

Matt from Ohio- Thanks for ironing out the FHA details, FHA is clearly not the way to go considering my stable financial situation relatively.

Note that the Federal funds overnight rate (interbank and overnight) is a very weak predictor of mortgage (consumer and 30 year) rates.

It's the areas without sidewalks that aren't already trendy and expensive that would cost the most to develop, killing most smaller projects and ironically preventing increased density.  

Ironically, the podcast I just happened to choose to listen to on my way into work this morning seemed to drive this point home more than any other topic that was discussed.

Already in the works of getting that ironed out.

In today's market you will have to do harder and time consuming investing work.

I do a lot of rentals and find that renters are not crazy about having a restaurant or bar below them.Case in point, I rent condos above a bar in Chicago (ironically, Edison Park's "Curragh") and renters complain about the rowdy partiers and, therefore, never renew their leases after a year.