There is no exact formula.

The total income that an owner can receive through HECM is the maximum claim amount, which is calculated with a formula including the age of the owner(s), the interest rate, and the value of the home.

Do you have some magic formula for gaining a real estate education without educational materials (of course other than using the internet)?

I'm looking for some general guidance on rehab costs that I can apply to my MAO formula when making offers.

Many investors have formulas which say “my goal is to buy properties at 60% of after repair fair market value.”

A common formula that people use is 70% of after repair value minus the repairs = the maximum offer.

Is there a formula for that?

The comps on zillow back that up.Your formula for cash flow seems flawed, what if it was a 1 month note and didn't cash flow for one month, then cash flowed big time after that.

If I don't convert to a residence before January 2009 my rental formula will kick in reducing my exclusion 21/2 years later.Why hurt small investors just to pay for giving new home owners a tax credit which they have to repay anyhow.

Outside of purchase price and front-end realtor commissions, what other costs should I build into my formula to ensure a profitable investment.