This is not 100 percent, but it is as close as you are going to get at my company size.

The borrowers’ total monthly mortgage payment must exceed 31 percent of their before-taxincome.Under the plan, borrowers will receive $1,500 from the government for selling homes for less thanthe amount of their mortgages.

What I recommend to my clients is for them to understand the market value of the home and to be able to buy that home for at least 5 to 10 percent below comps.

You could use your marketing to find clients and make three percent or five to six if you find both sides.

Honestly never use a percentage in your marketing campaigns unless you are using multiple numbers or they will pass on everything you offer them at over thirty percent.

Seems like giving them a percent off net income might be the way to go if they will do that.

Sage,I think it's awesome you are actually putting into practice what many spend a lifetime theorizing.The initital point you made which raised flags is "I was thinking something around $85K."

I'm in my mid fifties right now and much of my retirement plan is in real estate.You don't know where you will be financially in 10-15 years when you retire and what will your residential preferences at the time.

Some first lien lenders I negotiated with would not accept a Short Sale unless the LTV was 85 or 90 percent.

Last year, in the coffee shops, I was telling people that unemployment would be about ten per cent, but that while foreclosures continued at a lesser default rate those issue would still remain for a couple years.