Are there any other markets you would recommend I start doing more homework on?

Many others do their homework on other areas out of state.

I need some help regarding the math, behind how to figure out how much of my current debt I need to go ahead and pay down/off , in order to meet the requirements that my Lender is requiring via my Residual IncomeCurrently, I have $8,000 in credit card debt , and given that, with my Net income from my last 2 years of taxes, I qualify for just over a $60,000 loanI am wanting to qualify for a $80,000 loan, but my Residual Income is holding me backIs there a Formula that I can use, that will tell me ..... for every $1,000 of my current Debt that I pay off , It will increase the loan I can qualify for , by X amount of dollars ?

@Jackie Lange Thank you so much for the rundown on the foundation issue and to @Joseph Weisenbloom for the reality check.I didn't do a good job of communicating that as I'm abroad for the time being, I'm just using the data at my finger tips to do simulations and practice the math.

Some math errors may be present ;) Any feedback on the calcs would be very much appreciated!

It is a relaxed summertime topic, and we feature some of the best real estate networking in MA.  The

Math wasn't my best subject though, but I certainly wished I stuck with it.  

I would concur with the others though no replacement for just doing your homework and knowing your market.

Do your homework, select your areas of choice, and pick and choose your properties yourself after doing site seen.

I got another one for anyone who is in mood for some math question on Friday.How can you get to number 24 using 3, 3, 7, 7 exactly once?