(You could certainly point the finger at your loan officer or broker, but pointing fingers doesn't fund loans.)2) Straight from fannie mae: "If the credit report does not show a required minimum payment (...) the lender must use 5% of the outstanding balance as the borrower's recurring monthly debt obligation."

I have sold property in the Naca program @Chris Mason  as Chris mentioned its very arduous .. think of ACORN on steroids... its does happen I sold two of my OREO to Naca buyers.. but it was not without taking the Naca folks to lunch numerous times and the ladies ordered the most expensive thing on the menu knowing I would pay  LOL.its kind of cult ish really.. and defiantly not investor .but from what I saw it limited you in income and it limited you in purchase price..but for the two I sold and they hammer the seller to buy down the rate which I did.. interest rate was under two on both I did.. because these borrowers had crappy past credit the monthly insurance payment was greater than the mortgage payment  LOL..it works but enter at your own risk

The lady in Joyce WA wants to sell to an investor.  

Get the OK to kick them out.Then the lady calls me begging to stay.  

@James Mitchinson We have a lady who is highly credentialed on staff that manages str's in the metro for quite a few folks and also consults for optimizing returns with interior designs.

Fingers crossed rates don't increase too much over the next 11 months!  

The lady doing the demo couldn't answer basic accounting questions.

Thank you very much Ladies and gentlemen 

I purchased a multi-unit home as my primary residence almost a year ago. I've been looking into whether or not I should get an LLC. I've read that since the house was purchased in my name and not a LLC, I may have to ...

I gave the lady a life estate NO rent for 8 years..