If you've got these things nailed (which in some cases, is easier said than done), the rest should fall in line without too much trouble.

& looking at houses by the belt line , drive around there and I want to run out.

When you run this triplex deal through the BP calculator, do the potential results line up with your investing criteria/goals?

Does the 23% deduction come off of the SchE income (line 17 of 1040) providing the income is less than $500,000? 

Account ClosedWhen everyone is telling you what you do not get it is often best told by a story.There once was a new race horse owner who told his trainer and jockey that at a point quarter pole he wanted the horse to be 4rd, then half point pole third, then top of the stretch to be in second, and at the finish line to be in first.

If there is risk, they can winterize the home by blowing out the water lines, emptying the water tank, and putting antifreeze in everything.Better safe than sorry!

But the seller wants me to show him I have this financing option lined up before we do the deal.  

What are you using for closet doors in the bed rooms.

Once you see a trend and feel more comfortable with the whole process you’ll get better and faster and you might even think of getting a bridge loan of some sorts to go bigger faster.This way you can also figure out if your line of thought is heading towards a way where you can make better decisions on a property purchase or not.Should this whole thing go south in whatever way, you can always resell the furniture and go back to zero.

Greetings,You have to first develop a criteria that will include type of house (condo, colonial, detached townhome), bed/bath count, year built, price range, etc.