Unfortunately, there are many scammers out there, I have seen this happen before, some scam artists come to areas such as California, where the prices for real estate are very high and push those properties with inflated prices.

That mark is a less dramatic but still sizable 40 percent increase when inflation is factored in.Annual Report on the Northeast Florida Housing Market

I know it’s a general guide line but I was wondering if I could get some advice based on inflated numbers.A house at $600k should rent at $12k/mo?

The HELOC is fixed for the first 5 years and then it will adjust with prime, the draw period is 15 years, and the amortization schedule will be 30 years.Since I think the market is hot/inflated right now, and inventory is low, my goal was to get a high appraisal, lock in a HELOC, and use it to buy properties at a discount down the road (assuming that prices will reset within the next 5 years).

If you want the returns, inflation hedging benefits and tax benefits then look into investing passively into syndications, REITs, or NNN leases.

All way over inflated.

Even if market values only increase with the value of inflation (2% compounding), a $185k property should net a $40k gain.I suspect that 25% vacancy is right about break-even for them, assuming the same 8% CapEx and 12% Maintenance and Management costs I used in the other models. 

Stated income, huge cash back at closing essentially buying a 20% down property with no money down, appraisals inflated to the moon, etc.

All of a sudden $50k is really under $30k, and that is usually based on their inflated ARV and terribly low rehab costs.Knowing holding and closing costs, again, comes with experience.

Robert,I looked at the property for another investor, and I think their proposed rents are inflated, as well as the resale number, but none the less, I think money can be made after spending at least $200+