Just a good rule of thumb).As for whether that's worth it for the deal, that's really up to the buyer, but a 2006 National Association of Home Builder's report says that it averages about 11.5% of the value of the home.

Meaning, the simple rule of supply and demand is not justified correctly?

We moved to MN 10 years ago and rented out both the homes for a few more years then decided to sell because we wanted the equity out of the house (3/5 year rule).

We moved to MN 10 years ago and rented out both the homes for a few more years then decided to sell because we wanted the equity out of the house (3/5 year rule).

Have you looked into the primary property rules?

thx,ChrisNo, you can not do that under the 60 day rule, however, with your current plan administrator, you should have borrowing provisions and thus, simply borrow the funds from your 401k up to 50% of your vested interest to $50,000.

A loan officer at Wells Fargo said the 4 mortgage rule does not include the mortgage on your primary residence.

However, is the "$200 profit/month/unit" a general real estate investing rule that I should apply when running cash flows, or is such a rule of thumb more a matter of personal investor preference?

Natasha Hylton Here's what the problem is, it's probably against the MLS rules to hand out lists of expired listings and pre foreclosures.

If the return is right and risk handled correctly, I'm open to investing anywhere, and my hometown certainly isn't ruled out.Jeremiah B. - Which market are you looking at.