Most banks will limit the income credit from the rental given your limited ownership (less than 2 years).  

My lender (bank) transferred one of my mortgages to another bank with instructions regarding where to send future payments.

Which banks in Ohio, or nationwide allows for seller financing of the downpayment?

They want a cash offer of $128,000 for both properties.My question to you guys is would I be able to use a hard money lender to obtain the property with cash and then refinance the property through a bank to obtain my mortgage?

I've gotten a few weird looks when I've asked at a few banks in my area.

Closing was four months, but that is because it was a foreclosure and things tend to move more slowly (depending on what bank owns it and how much they care about liquidating that asset).

Originally posted by @Kevin Westmoreland:It’s a PHA housing 1 year lease What would you say if the bank called tomorrow and asked you to sign for a new mortgage rate that was 2% higher than the one you have?

Banks lending with 0 down and other stupid practices also added to this.

Depending on your situation, you could live in a unit finance via FHA w/ 3.5% down and bank the other two units. 

I am interested in real estate (like we all are), but have only had exposure to commercial real estate (currently work at largest bank in Nyc in Global Real Estate Portfolio Management).