That is not the case with conventional loans (another factor to consider in your analysis).

You would typically want to have your contractor walk the property with you before you make your offer so you can factor the rehab estimate into your analysis and then you would have an inspection done immediately after you get the property under contract during your contingency period to make sure there's no other issues.

The do verify your income and credit, so keep that in mind Jason just keep in mind that even a Spark card is quoted as a business card, it still reports to your personal credit reports so utilization is still a factor.

That said, there s more to factor into your depreciation calculation.

Any suggestions are appreciated as I need to factor this into my budget for purchase.

(you would also have to factor in the de minimis exception)

Drive a nice neighborhood and get out of the car and talk to the General Contractor of the nice house that is being built.

This location is on the edge of the town, but within reasonable driving distance and has a university bus stop.I do not know why there were $15000 in maintenance last year, but i will find out.I have some major reservations since there are a few uncertainties about this one, but I was hoping to get the opinions of more experienced investors.What concerns should i be aware of?

Our growing family is our driving force to be successful in this market.

Question 1#Is it ok to factor in the properties average tax return towards income?