There are many factors that enter into the equation, and some don't always make sense.The first and biggest part of the score is credit, of course.

The typical equation is going to be: Taxes = Assessed Value x Mil Rate x A Certain Percent In my market, the counties use an easier method, it is 1.7%-2% of the total assessed value of the property and they recalculate at a sale, or during the next year cycle.

They work with R.E. lawyers regularly and can tell you which ones do a lot of business which usually equates to more experience with R.E. transactions. 

I have been doing as much research, reading, and listening to BP podcasts as I can the past few months and haven't come across any equations for narrowing my first home buying search.

It’s a little wacky and the irs has a table you use to calc because there is a circular equation generated by the se tax deduction.

So in the eyes of a judge or commissioner, my loan equated to a 40% APR, which can be seen as loan sharking.This information was backed by other attorneys I have since brought the story to.

Now let's meet the players.There are four key players in this equation and we will just call them A, B, C, and D.A: Possesses the title free and clear of the current subject property.

If you don't keep the loan for 6 payments (about 6 months and a bit), the originator of the loan is assessed a penalty that equates to really all their profits and costs. 

The only way I could make the #s work was to get my license and take the GC cost out of the equation.

I became very lucky in other neighborhoods and was able to get 20-30 homes (which equated to a house a minute).