Reason for 30y would be so that my debit to income ratio would be lower if I was applying for a 2nd loan.Main thing is I won't be able to qualify for a loan without my full time income, however, I really need to go part time asap as the busy season for my biz is coming up.

I qualify unmarried couples based solely on the person with the most income.

You may operate your rentals in a way that qualify you to be "in business" which then allows you to deduct expenses similar to other business owners.

I would love to hear from you all as to how each of you got started in REI, what kept you all going, financing/negotiating advice for newbies like me, recommendations to find mentors, and other qualified members in your team --- anything you wished someone told you before you started your investing journey --- is helpful and always greatly appreciated.

I'd like to purchase the property and mortgage it to them but I know the mobile park has an HOA fee that as the owner I would have to qualify for but I'm sure that one of the qualifiers is having an income which right now I do not have since I sold my last income property and am looking for another.

If I brought to you a property that you have identified as a property on which you like to make loans, in terms of price and type, and with a borrower that you would consider qualified, what would be an interest rates and terms one might expect?

The more in demand a property is, the more strict the seller should be in qualifying the buyer.  

The fact still stands though that when qualifying for a loan the bank will tell you, you can qualify for X loan amount, and that loan amount is influenced by interest rates as they affect your monthly payments.  

We have a very nice duplex there in a "good" part of the 19th Ward and had a very difficult time renting it to a qualified tenant (someone who didn't smoke, without evictions, could pay a security deposit, etc), let alone a student.

Examsmart was my saving grace.