I don't expect applicants to be considerate or responsible, and I'm (now) rarely disappointed in them.Good luck,

Meaning, having portfolio loans now doesn't increase your chances of getting them later. 

If 5 yr balloon can I stipulate increase rate 1% on the 4th year?

While increasing rent I’d also like to add value.

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?

You just have to have a good plan as to how you are going to bring up occupancy and increase the income.An any case, your goal would be to refinance in 2 years or so after the income has increased (and thus the value has increased as well) to take out the more costly (or lower leverage) financing.

I determined the value to be $1,506,533:Value = NOI/Cap RateValue = $135,588/0.09Value = 1,506,533I put down 20% ($301,306)I pay 1 point ($15,065)I pay for title insurance and a lawyer ($7,101)Total: $323,472"After your research, you decide to project a 3% annual increase for both the income and expenses."

Hello,I pulled the tax card for a property that I am interested in and was wondering if I should take any of the information on the tax card into consideration such as the total appraised value ( I know this is a different value than what an appraiser would appraise the value at after a P + S is signed), or other information. 

I'm still working on my degree and working on increasing my income.

Rent was earning me $950/month and was paying 12% on property management since i live 3/4 of the country away...Last month i owed 34k on the loan still, but the last comparable property in the same property area sold for 139k prior to the fire, with the townhouse being rebuilt new here within the next year, i expect the value to increase with the updates in the rebuild...Just wanted to get some input on situation, im financially able to cover this $505/month easily, but i feel like there is something i could be doing to offset this and figured the creative minds on here would help me out.