Professors, military officers, and some foreign business people fit into this category.B Class: Solid working class renters who are on the edge of being able to afford their own home.

Deduct out any business expenses (marketing costs, internet, office, milage, etc) and you'll have your net profit.

You should be able to find this out at the County Recorder Clerks office.

It used to be that you needed to wait 3 years but now you can put down 3% to 5% on a conventional loan.You can also take advantage of an FHA loan if the numbers make sense.I would strongly recommend getting in touch with a broker or loan officer so that they can help and guide you through the process.I hope this helps and have a great day.

Haley 3 buildings, 14 units  Units # Rent 3 BR 2 BR 14 $550 1 BR Total 14 $7,700 Gross Purchase Price $575,000 Total Budgeted Programmatic Capex $30,000 Closing Fees 5.0% Closing Cost $28,750 Net Purchase Price $575,000 Resale Value $650,000 Exit Cap Rate 9.0% Hold Period (Years) 5 Revenue Monthly Annual Gross Annual Rental Income $7,700 $92,400 Other Income (Parking, Pets, etc

If something goes awfully wrong, I rather sue a Home Inspector than the guy seating next to me at the office.

I have been advised, as a newby, I should find a way in to a prestigious RE Office with a well know agent, be an assistant while I take the REL course.

I go to the Cook County Clerks Office in Bridgeview IL but I have no idea how to search for what I need.If anyone can provide me with some useful info that would be great!

It's the loan officer or banker and that person should explain everything to you (unless of course you don't care and just want the lowest rate or payment).

Independence title just opened a WPB office, on Palm Beach Lakes I think.