If i were to get into say duplex, the rent I make off the other side would be counted as income to help me secure the property.

He likes the idea of seller fiancing but in not sure how it will be taxed if je received monthly payments since he lives in California and the property is in Indiana.

Hello Troy, Typically investment properties require 25-20% down payment.

I bought it an rented on long-term so far. 2beds, 1bath each.monthly payment $2,300monthly income $5,000What made you interested in investing in this type of deal?

There can be times like the Great Recession that affected income in many markets or Covid that resulted in many tenants not making their rent payments. 

One downside is that you may get paired up with a random agent or an inexperienced agent who doesn't have the knowledge to look out for your best interest.Also, my perspective on this as an agent is a little more by the books, where if I was purchasing out of a state that I was licensed in, then I may use the strategy of Dual Agency and have the possibility of the agent's greed help to secure the deal.

In our case, we have had deferments of loan payments for up to a year, which really helped us.

If I rent a 4bed house to a family, it's one lease, one tenant, one rent payment, one move-in and move-out, etc.

They keep the place clean, never miss the rent payment and there are always available renters near a major hospital.

When borrower refinance cash-out an old mortgage with a 12 Bank Statements lender while applying for a new mortgage with another 12 Bank Statements lender at the same time, will refinancing the old mortgage affect the DTI, and qualification for the new mortgageBecause the 1003 shows the liabilities and mortgage payment of all mortgages?