If yes on all three then they should loan you again.general rule 24  months of payments on time with no decline in credit and employment then it is pretty easy to get a second loan.Good luck

(I would love to raise rent on all the applicants but that seems uncool).Group a: couple with 3 kids, self employed but sufficient income, just sold house, wants to pay year in advance.

Accountant said there still might be time lolThe 440 I owe was from a cash out… could have done more but could only use my w2 income (less than half my self employment income)If I add her to the house we have another 6 figure income for DTIcould pull out another 3-400 or HELOC for some short term money. 

After tax cash-flow generated on a $1 million property is usually 6% to 10% of the properties purchase price...$60k to $100k.

I know the different in mortgage and expected rent is about 450$ and I know I need to put aside a decent percentage of that for repairs, vacancies, cap ext, etc...Basically, I'd like some suggestions on how ya'll would keep tabs (numbers, metrics, etc) on this property to ensure that it generates positive cash flow and doesn't turn into a money suck.Thanks in Advance, Charlie  

It just wasn't the way I was taught and I can't see them generating wealth.I would still invest around yourself. 

You can generate your savings until you're of legal age and in the interim build your investing skills.

I’ll start with an introduction, my name is Tyler, 29yrs old, live in central Florida, I’m a self employed home remodeler, specializing is kitchen and bathrooms, been in construction for 13 years, and self employee for 3.

The NFIP will now employ this same technology.

I've only been self employed for 1 year and he was able to get me qualified which was amazing after going through 8 different loan officers.