I then should be able to get a better picture.The average rent for the similar type of house from the Section 8 property listing is indicating $150 higher than my asking , and I’m aware of my asking is lower than the comparable non-Section 8 property by about that much as well.

Your history becomes more important as you r scores becomes lower.

The lower balance is at 5.85% and flows about $100/month and the larger balance is a 6.375% and flows $300/month.

I'll try to be short and to the point.Purchased for $310k, 3400 sq ft beautiful brick home with separate entry/laundry/kitchens.

So I am a little suspicious of the lower price, and, why the current owners haven't split the property already.

The second option is a loan modification, where the borrower and the lender agree to new loan terms that are acceptable to both, perhaps with a lower interest rate but larger balance.

I discovered that, although the strategy was basically sound and works well for many, it was really not a good "fit"for me, and have since refined my long-term goals and with it, my "roadmap" to get there.Like you, I`m new to this, like you, I don`t have much money to invest, and(as a result) like you, I`m looking out-of-state, where the price of admission is much lower.

That 40% figure you saw probably did not account for vacancies or capital expenses, which is why it's 10% lower than the 50% figure I use.

which lowered property taxes in California back in 19??

We could:1) Cash out our $3,000 index fund and $1,000 in individual stocks, taking a loss (this loss won't help us with taxes, our income is so low we get everything back anyways), and scrounge up loose change for the rest.2) Ask our bank to lower the interest rate on our debit card credit line (currently 9.75%), extend our credit from $1,000 to $5,000 and live off credit this summer until we can take out more student loans in the fall.