@William Rankins you need to go in and figure all of the cost of the rehab if it needs any, take that off of the ARV make any adjustments as you think you may need then take off the amount you want to make off of the deal and subtract that from the ARV and apply.

Instead of refinancing, dding an expense of a loan each month, and subtracting fees, etc..., and then having to get approvals for loans, you just allow cash investors to become partners.

. $533K with a duplex:http://www.fhfa.gov/DataTools/Downloads/Pages/Conforming-Loan-Limits.aspxWhen I buy another home can I subtract the $533K from $270K leaving me with $263K to purchase another property?

2.) why it is subtracted from estimated retail price to get maximum purchase price?

On the outside of the envelope put $1000 and keep subtracting from $1000 to get down to zero.

However, you must subtract any rehabilitation credit allowed for these expenses before you add them to your basis.

or can you subtract repairs and other cost from the outstanding balance 96k - $$$ (repairs, etc) .  

And it would be worth significantly less than the same house than had been maintained and updated over the last 27.5 years.After you subtract all your deductions, you're left with your net taxable income.  

This is probably way over simplified, but I take the ARV multiply by .80 then subtract rehab costs.  

Subtract all of your cost and your desired profit from a sales guestimate.