If I am somehow able to utilize HARP does that impact my credit rating in a negative way?

Looks like someone thought of WHAT THEY wanted buyers to buy instead WHAT BUYERS are willing to purchase.They will be out of business soon trying to sell that.I can see some people with cash but bad credit paying 20 to 30% down because banks won't touch them but 50% is crazy.

Do I add up all properties' PITI, auto loans, credit cards, etc. then divide this by all the rent I receive?

if you closed on a single family house in february you probable got a credit for january and part of february from the seller, you shouldn't have paid anything if you were paying cash and not setting up an escrow

But you will still need all the usual credit, income, and reserves requirements.

I do know that with the lending market the way it is, and with so many previous homeowners with short sales or foreclosures on their credit record, they are all forced to rent.

To account for that, you either need to have awesome cash flow, or get the price lower to account for said future costs (or get a deferred maintenance credit from the seller)

I'd like to credit this application fee, if needed, on the down payment of the house, is that possible, if so, does the "term" make a difference?

Step1:Define your goal (home buyer or investor)Step 2: Define if an investor what kind you want to be (wholesaler,wholetail,fix and flip,hold,etc.)Step 3: Define how much funds you have to start out with,credit,access to additional capital etc.Step 4: Do you plan on living off of real estate full time or do you have a job and want to invest a little at a time?

Mortgage scams and other lending scams are common in today’s tight credit markets.