One of my private lenders is a career nurse who has several properties in addition to her now, highly lucrative, 6 figure plus salary.

I was just wondering if there was a certain figure you guys would resell that property for after taking the ARV into consideration.

But, figure the taxes into the deal.

Go figure.

Too many buyers don't figure total loss when considering vacancy;- $1000 per year in total maintenance seems *very* low.

That being said if I go to refi and he says no then I'm going to spend a few days looking over my books to figure out what is scaring him.

I bought a new house in Colorado from a builder and figured I did not need a inspection.

My plan is to buy and hold and most of what I find looks like the figures below, which is actually an REO I am going to make an offer on on Monday:3/1 and 984 SFListed for 77,900Estimate Appraisal: 93,500 - 114,000Sold in 2006 for $110,000 - but that was during the boom...Will Offer: 69,000Bank Loan: 80%Down Payment: 20% - best my area offersTaxes: 1693.00Insurance: 1,100Repairs: approx 6,000Will probably rent for about $750 - rents not = to the 1% rule in Ocala.After I figure the taxes, insurance, 5% vacancy rate, 8% of income for maintenance (don't really know how to account for this as I'm a newbie), $210 electricity/water holding costs till rented per year, $200 for advertising to rent it per year, my OE are at 48% of my operating income . 8,400 - 3855 = 4,209.I will have 4,209 left to pay P & I, and I will be negative a couple hundred dollars the first year.

(I don't want to get into due diligence on the accuracy of the figures; please take them as true for the purposes of my query.

So, you have to figure that out before you start.