- If the market has a correction and prices drop XX% at your expected sale date - will you be under water? 

I can close 7-10 FNMA loans (& I work with some damn complicated scenarios from our fellow BP members) in the same amount of time invested as one HML, and in the current regulatory environment it's not like it's lawful for me to get paid 7x-10x as much for that one HML, soooo......Big picture it's actually a bit of a problem.

Here are Fannie's guidelines:Borrowers who purchased the subject property within the past six months (measured from the date on which the property was purchased to the disbursement date of the new mortgage loan) are eligible for a cash-out refinance if all of the following requirements are met.

He’s a fellow investor as well. 

Choose an area and search rental rates for any given year to present date and see what you find.

Hello fellow BP'ers,The wife and I are having our first not quite sure what to do moment as landlords. 

In Alabama, you can generally get your home back after a tax sale by redeeming it within three years of the sale date (Ala.

There are times where dated also means durable.

(One is engaged, the other is still dating the dad).

Asking price was 699k we put in an offer of 608k all cash with them removing the current tenant (who does not have a lease and is not paying rent since this is a bank owned foreclosure) ARV Market rents next door: $11 sq ftARV Sale comps @ $118 sq ft Renovation cost: $155,000Taxes: Up to date