The HML commitment will still be contingent on unknown factors.

Remember back when you bought your first home....the anxiety....the unknowns...speak to that...you have an honest face...use it in your marketing.

Tie ins to the existing house are difficult to predict and quote until the house is torn apart, so a lot of contractors will not quote it, and the ones that do either quote it high to account for problems, or leave open ended clause in their contracts to compensate them for unknowns.

See my posthttp://www.biggerpockets.com/blogs/3/blog_posts/17-be-the-doctor-to-seller-s-problems-unknown-author

Not saying don't be prepared for such expenses, but why attempt financial analysis on one tri-plex with unknown occurrences?

What happens when the county recorded turns away filing deeds of trusts to unknown lenders in the area or individuals without inspecting the underlying note*?

I still think three months is a good amount, because you have to cover yourself in case things don't work out as planned, but at least you would not be having to save enough money to cover an unknown amount of time with out any income at all (and it would also make renting a place a whole lot easier).Good luck with your plans.

So I'm going to stand on stage and let all you unknown people have a crack at them.

Grabato We never heard you complain when mysterious, unknown, anonymous new posters who had never posted anywhere on the internet before (let  alone BP)  suddenly came out of the shadows to serve up posts in rapid succession that were suspiciously complimentary to your firm, (Many from the same IP address, according to the Forum administrator) You can't have it both ways.

I would really like more details on the property to give you advice. 250+ Dom is usually a sign of serious issues with a property, investors won't let good properties sit that long.If you can supply details like purchase price, rehab cost, ARV, time frame to rehab and so on we can give you better advice.Are you nervous about unknowns, or because your using family money?