Look into the comps, and do the math.

The questions you're asking seem to be very vague and indicative of not having done enough homework already (not to sound too blunt, but just trying to help you avoid making mistakes). - Selling a property for $462k after buying it for $300k only 3 years ago may be indicative of remodeling work done in the home. - It could be that the rents being charged are below market, but you don't decide rents based on the purchase price of the home.

I understand the principles behind the math, but still prefer to follow this path.I would appreciate links to forums, blogs, or books from investors who practice or promote strategies for REI with your own money without leveraging.Thanks.

Give us a reason to do something besides wait for it to go to auction and pick up it there.Show us the math!

If my math is correct, that would be 0.0000015% of visitors that have filed a report on RipOff report.com Yes, there have been some complaints left on other sites.

You'll have to do the math or ask a mortgage broker.But let's say my assumption is incorrect and that you could tap the full $200K equity at cash-flow neutral and DTI isn't a problem.

House appreciates to $500k in 10 years(so IO option only own 25% still, fixed rate likely own +10% more so 35%).Correct me if I'm wrong or if my math is way off, but these are your four options using just P&I no taxes & ins for simpler math.Pay 10 years of IO @ 9%($2,250/mo) + 20 years fixed rate at 9% on 300k, no refi($2,700/mo)Pay 10 years of IO @ 9%($2,250/mo)+ 30 years fixed rate at 5% on 375k(75%LTV), $25k cash aside if refi(2,000/mo)Pay 10 years of fixed rate conv at 9% on 300k(2,400/mo) + 30 years of fixed rate at 5% on 325k(65% LTV), $75k cash aside if refi($1,750mo)Pay 30 years of fixed rate conv at 9% on 300k($2,400/mo)

I know this is equivalent of asking someone to throw darts in complete darkness, but as I'm researching I'm finding that Banks/Investors have at least some initial approach when contemplating where to set their val...

But we did the math quick a three bedroom would be in total $1800 per month or $21600 per year $7200 for just him in a year or $14400 for his next 2 years.

I understand your position but really don't understand the math of the savings.