My rational is that repairs would not be a big issue and I could get warranty to offset any smaller repairs and so most of the generated rental income could be used towards the monthly payments and property taxes.

Using these % (any analytical %'s actually) assume all properties are equal...which they are not.Using these "shortcuts", and rationalizing their use as being "rules of thumb", is just being lazy.

You make your money when you buy...you realize your profit when you exercise your exit strategy down the road.If you do anything now, rationalizing on future events you have no control over, that will recover your loss (overpay) at purchase, you lose.  

A:  Just a rationalization for a bad dedalI'm not trying to buy for appreciation in the future nor am I looking for immediate passive income, what my goal is to have passive income 15 years from now for that reason alone I feel like this is a viable route for me, as far as the numbers go.

At this point the property has already been to auction, and didn't sell...We have close to 40 short sales in negotiation right now, and we can't come to any rational conclusion about why banks say and do what they say and do.

As soon as you step over into the realm of needing a property you've lost control of rational, logical and strategic thinking.

Hello All,Fairly new investor here and I just finished my first successful BRRR. When I went to refinance I was told my Debt to Income ratio is off and I wasn't able to pull the full 80% out. (That was about a month a...

What salesperson is NOT going to go out of their way to sell the F out of that comparable home and trash all the FSBO's flaws, both for rational reasons and to spite the FSBO?

Surely it's not $140 a month for all four units....This is one of the cases where your emotions and your bias make you rationalize your decision and numbers.

So I realized right away the negativity around REI some people have is not based on reason or rationality.