I have already asked this question a few months ago but sitting here on the couch something dawned on me.My original question was can you qualify for a fha loan while you already have TWO other mortgages that are NOT a fha loan.

Both had extensive legal fees and hemorrhoids from sitting in interrogatories, depositions, and trial.

I cannot recall ever having a problem with finding enough people who are interested in my homes.  

Hey folks,I'm still in the early stages of finding my first investment  (getting a few pre-approvals, saving $ and reading everything I get my hands on)My question is probably a silly one, but... am I right to question a listing that sits on the MLS for any more than 30 days in the metro area?

If I did have a large wad of cash sitting around, this property would look like a much better investment, even at $150K purchase price - the monthly cash flow would be around $950, ROI around 7.5%.

Our hourly income is so high that I could never even consider working for anyone else (since I dropped out of college and lack the engineering/accounting/medical degree I'd need to make more from a job).When I started the business, I had imagined I could grow to several trucks run by lower paid guys, sit back, and enjoy a passive income.

The seller has just been letting it sit at her fax machine, waiting for the escrow officer he is comfortable with to return.

Buy a house, rent it out, sit back and get some cash?

If the zoning has changed (setbacks, density, etc) then you will be able to put back the same size structure that currently sits there because it's grandfathered in.

Its mid rehab and there are new cabinets, fixtures etc sitting in boxes that i dont want them packing up and taking right before we close the deal