They will allow your mortgage payment and any personal debt payments (credit cards, cars, etc) to reach about 45% of your monthly income.Programs vary all over the place so it's best to ask a mortgage broker which programs you qualify for.They like two years on the job, rent paid on time, no liens or judgments, pay stubs, tax returns and so on.FHA has a 3.5% down program plus closing costs.

Hi @Luke Carl - I didn't know all lenders offered vacation home loans, so I appreciate you sharing!

I currently have a tenant in place who just renewed a 12 month lease.

Hello, I'm building an ADU at my primary residence that will be used as a rental. I'm hoping to install a doorbell video camera as well as maybe 1 or 2 exterior cameras. Does anyone know of a particular brand where I ...

AND try to find a market where you do not have to compete as much with 2nd home demand - a place where people go to vacation but is not top of mind for a rich guy's vacation home destination (ski town, lake house, etc.).If you are asking for the secret market that returns 20% cash on cash without any renovation or difficulty, that doesn't exist.

There is no better place.

I would love to share info with you on the area so I can show you around.

At the price of a nice vacation home here I could invest in many other highly profitable places.

Can you share with me how you deal with tenants who's got pest issue?

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