If you do make offers based on that limited info, do you adjust your offer if, after looking at more detailed info like p&l and tax returns, the numbers are worse than anticipated?

Good morning BPers...Beginning in 2018, the conforming loan limit is set to increase about 6.8% from $424,100.

Gentrification is a powerful thing and having seen it up front, I wouldn't bet against it. 

California has a wacky law where assessed value for property taxes can only increase at a very limited rate (~1%) so most people are locked into property tax rates much lower than their current home values, so this favors purchasing rather than waiting.$4300/month is at the high-end of affordability for me, so seems like the only way I'll be able to purchase a home of the quality/location I want is to liquidate (at least some portion of) my real estate portfolio.

My concerns would potentially be reduced future purchasing power as a result of less cash flow along with the increased debt to my name.

If the Republican tax plan passes the state income tax deduction will likely be limited or lost altogether.

If you buy w/ a loan (like you did) then you are limited to UP TO 80% of the purchase price.

4 conventional loans shouldn’t be an issue....the limit is 10....unless your bank has a funky overlay.

Splits 70/30 very common for experienced operators and I see clubs / newbies going 80/20 or 75/25 to just get some experience going and attract investors in w/higher potential returns for the limited partner. 

It may not apply to every deal but still really good information to know:  FHFA Announces Maximum Conforming Loan Limits for 2018