It's calculated as the ratio of your total loan amount (loan amount for purchase + loan amount for your rehab) to your total costs (purchase price + rehab budget). 95% is a good target.Avoid application and other upfront/junk fees. 

I can help with the refinance to pull equity out, but no the purchase, as 99% of the industry won't finance mobile homes. 

Deal 2: Duplex (older home that needs TLC in good location)Purchase price: 120k, Rehab 40k, Total all in: 180kExpected Rent: $2,400/month to $2,700/monthDeal 3: 5 Plex (is that even a word?

Purchase price will be around $400-450K. 

(You said you could purchase them $20-$15,000 below market value. 

(IF you purchased and lived in property asap, then rented it out, then returned to it it sell it years later - better plan.

As long as you purchase at least as much as your net sale. 

Hello everyone,I am based out of Vancouver BC Canada.  I have some business and commercial real estate in Vancouver area. Now I am looking to the US market as I believe my Province has priced me out.  I am open to any...

I have a followup question - I will realize a lot of capital gain from this home in Idaho, so I think unless I purchase a new primary residence I will have to pay that capital gains tax. 

Check with your local credit unions 1st and see if they can do a loan without looking at your personal tax returns(unless you are willing to provide) and mention that you recently purchased and rehabbed the property.