Since you were talking about building new properties, I put the expenses at 45% instead of following the 50% rule precisely.

A more precise way of explaining what I'm saying is that you should always invest cash in whatever investment you can find that yields the highest returns.Paying cash towards your mortgage is financially identical to investing in a zero-risk investment that has an annualized ROI equal to your mortgage rate.

Tomorrow I'll call my title company and run a more precise title check.Is it possible that lenders "forget".

I purchased a house in Jan that was 5 days from foreclosure, precisely because the owner had done a HELOC about 15 years before.

So to accept a cap rate of 7% I need to obtain capital at 4% or lower.I know this isn't precise but I hope it provides some help.Good Luck.Bill

Locating investors suitable for you would be another great service that big data could help out with.I can't see paying a premium to try to figure out capex more precisely.

My (NON-CPA) understanding is this:2 years ago, you could:-Write off the up front mortgage insurance premium-Write off the monthly mortgage insurance premium-You were "grandfathered" into these rules if you bought your home using FHA back then, so you can continue to write off the monthly premium-MIP falls off at 78% of LTVUsing FHA today:-Up front premium no longer tax deductible-Monthly MIP no longer tax deductible-MIP NEVER goes away, regardless of LTVAgain, I suggest you consult with a licensed tax advisor to confirm all of this is precisely accurate.

As you mentioned healthcare is your largest monthly expense and that is precisely why I was so concerned with this issue, so thank you for your honesty and real life experience.

That’s precisely the reason for the angry tone of this post.Consumer sentiment is a leading economic indicator.

(Numbers not too precise, I'm reading them off a graph in the July 7, 2008 Business Week.)So, lets look at that example againValue in Denver: $144,000.Value in Las Vegas: $111,000.In Denver you're OK vs. the original loan.