So as an example in Redlands or riverside county the limit is 417k so if your home was 750k the difference from the two would be 333,000 X 25% = 83,250 (subtract this from the 750,000) so your max loan amount will be 666,750 on a 750,000 market value home.With regards to the VAFF or VA funding Fee its 2.15% for first use and can be as high as 3.30% on the second use.

.- Borrower pays all closing costs, usually subtracted from loan proceeds upfront.- Make sure the interest plus points doesn't exceed usury in your state, I don't know what it is in Florida.

subtract Capitol gains tax and allow for depreciation reclaim  (about $3500 a year) times 8 years or $2975 dollars and I'm down to negative dollars profit before Capitol gains tax. 

Subtract all the costs, and you have  your offer number...and here's the trick...DON'T GO ANY HIGHER.  

The appraisal took this into account subtracting 15K per sale for an average Adjusted Sale Price of:=$320,347Even though my property was listed as Superior Upgrades along with 3 of the comps.

Or use the Realtor, and subtract off the listing fee?

One analyzer adds the CC to the total purchase price of the building, then subtracts the down payment (25%) from that amount and then calculates the monthly payment. 

Then you have to subtract the annual mortgage to get a real return. 

My friend would pay market rent so I should subtract about $700 or so from my numbers to get a more accurate idea of the cash flow. 

He'll have depreciated that for 10 years so subtract about a third and that is his basis.