We'd like to be in it for no more than $75k when all is done.

I won't know the repairs until getting in today, but it appears in reasonable shape, probably no more than $15K.It's mapped into FEMA's high-risk flood zone.

Housing costs (mortgage, utilities, hoa fees, etc.) should conservatively cost no more than 25% of gross monthly income.

The financing is worth no more than what other conventional financing would cost.

For SFR especially to students - no more then 3 otherwise there are conflicts/parties etc.

H U D will determine that the seven unit limit is inapplicable only if: (1) the investor will own no more than 10 percent of the housing units (regardless of financing type) in the designated redevelopment area or sub-area; and (2) the investor has no more than eight units on adjacent lots.Interest Rate and Discount Points These are not regulated and are negotiable between the borrower and the lender.

Horton, Meritage, Richmond American), unfortunatly too many eggs in one basket, but I've regrouped and things are pretty good right now, still could'nt stop a foreclosure on my primary residence, no work and massive medical bills is a bad combo :violin: .So for now I'm lurking, no more bills, debt free and getting ready for action.

The same bank may sell you a house for 60k, and it may require 20k of work, I love brick and block homes (no more wood frame, no matter how good a deal) as these are the easiest to fix and maintain.

I need a quick claim...then whatI know of people in a jam and they don't want the house no more...I am willing to buy it out but with out too much work

With it vacant for 8 years, I would offer no more than 50% of the proforma value.