There were always a couple cars with for sale signs in the bank parking lot.But no, if you refinance it would erase the debt of the first loan including any collateral unless you refinanced at the same bank and they required you keep the vehicles as collateral.

Applicant 2 Woman and 3 year old ,  loves the apartment,  period details etc,  two days later says she doesn't want to be in a building with lead (ok by why are you looking at something built in the 1800s?)

These investors think they're magically going to raise and lead an army of compliant and reliable contractors to certain victory and Y-U-G-E profits.

My goal was 2 flips in the first year. for the first flip to pay off all my debt sans cars. 

I am currently 24 years old.Here’s a little information on my current property (primary residence):Purchase Price: $130,000.00 Mortgage Balance: $99,937.34 Market Value: $180,000.00Market Location: Spring Hill, Florida, USA (Tampa Bay Area)Of course, the best scenario would probably be to move back with my parents, but, truthfully, I do not want to move back with my parents and siblings; however, I would be debt free and generating income from my primary employment.I feel that the downsides to selling my home is that the market in my area (currently a seller’s market) is extremely hot and, by holding onto the property, there is a likelihood that the value of the property will eventually increase substantially over the next few years.If you were in my position, what would you do?

I submitted an application to Wells Fargo, but was rejected due to the property debt service.

BUTOver all If your rent roll. gross rent would be 90k and you take say 50% out for expenses. your net income before debt servicing would be say 40k.If your COST been $1.3 million your cap rate is ?

I don't think we're all that different than others, we get some from Wholesalers, and some from our own leads. 

You have $350,000 in cash available to invest, and your bank has said that the potential financing terms would be 80% loan-to-value, 1.20 minimum debt coverage ration, 6.75% interest (fixed for 5 years and floating for the remaining 15 years of a 20-year term), with 1 point payable at the closing.

@Randy Dickerhoff Your primary will definitely factor into the debt to income ratio.