Agree with Frank PatinoI would consider using my investments to pay off bad debt- Plus if the property is building equity from paying down the loan and increasing in value by the time you do retire the account you have now should be a fat little piggy bank.

So for a 100k home you would be looking at $310-890 annually depending on the deductible you were comfortable with.

Account Closed in MN and CO we charge 4 points and 15% on a 9 month term.  

Account Closed It just depends.

Thanks for the reply Account Closed. 

We expect to carry it for 8 months and are targeting an annual ROI of 12% because [reasons].

You also have to take into account what the market expectations are where the rental is.

It must be owner occupied, but we do take into account the rental income so you can qualify for a decent loan amount.

@Matt F.Speak to an accountant on the appliance question, because I don't know the answer.

In my figures I always account for a 6% Agent commission since I will not be trying to sell the house myself.