_r=1&ex=1367121600&en=20afd35f8291bee0&ei=5088&partner=rssnyt&emc=rss&oref=sloginBanks and brokers are not happy with proposed changes to their lending rules.

A general rule of thumb is over time expenses go 40-50% of rental income.

The rule of thumb is that expenses will consume about 50% of the rent.

I am following one piece of property in particular. Did some negotiating while it was in short sale but nothing came of it. Now the bank owns it outright, has it listed on MLS and there is a real estate agent assigned...

As of wednedsay conforming rules requier the oner to be on title for 6 months before they refi.

Could someone please find this for me or at least explain a good rule of thumb.

Play by my rules or don't play at all.....

And I understand the pro's use a general 70% rule of thumb for bidding.

Its seems that FHA loans have some type of rule about not loaning money on flipped properties (dumb I know).

Without opening a big *** can of worms and having everybody get on their soapbox about the H-I-G-H-L-Y subjective and dubious "50% rule", the answer to your question is....it depends.a) What is your strategy?