Account > Edit Profile > Experience > click on add new or the - red icons below to adjust each current setting.

They said we could also make another principal payment to get the LTV below 78%.

Some investors use it to filter prospects, some private lenders use it as a threshold for their terms, etc but other than that, it's just an indicator.When I analyse a project, I always work backward from the minimum profit I want to make....next is ARV.....from there, I calculate all other expenses (including closing costs on the purchase and sale) and work down to the bottom line.I use a private lender that doesn't know or care about the 70% rule so I don't use the rule.

I plan to sell my current home (with about $30k in equity) to pay down the mortgage and thus increase my monthly cash flow and decrease my debit to income ratio which will come handy for future deals.However, my true question is in the subject of this post, I have submitted a few HUD offers for Owner-Occupied properties at 30% below the listing price and HUD has counter offer at 10% below the listing price.

I linked it below.

That is rare.With these low priced properties realize that it will be difficult to refinance in the future as the loan amounts and the property value is below minimum loan amounts.

I couldn't find anything in the area on Craigslist other than the apartments mentioned below & by padmapper.I've driven the neighborhood and there is a complete lack of "For Rent" signs out.So the deal is make/break on the monthly rent:- $800/month the deal is too thin, with predicted cash flow at $42/month, Cap rate at 11.5% and CoC of 3.1%- $950/month the deal is pretty solid with cash flow at $168/month, Cap rate 14.1%, and CoC of 12.4%Home details:-Home is owned by Fannie Mae.

Look below this Window, and you will see a list of names of people that have posted in this thread.

Congrats and live well below what you can and invest the rest.

@Jason Eyerly you tag people by first typing @ and following it immediately with the first few letters of their name then below where you write this you'll see their name pop up.