I was wondering if anyone had heard the rule of not spending over half of ones' savings on anything if you have no debt.

I won't completely rule it out at this point but due to a personal issue I now may not be able to use the contractor that I wanted to for this house which would make the deal not work.

Pursuant to rule 2 13.0003(2), Florida Administrative Code.

Your local market may be different but here are a few rules of thumb1) Investor financing is tough for any situation.2) Cash out refinancing is not available. 3) Refinancing will take some seasoning, perhaps a year.

As general rules, the more basic the design features, the more basic the colors.

I am not upset with hud, i just wanted to put this out there to warn other investors about the rule change

The number 1 rule of real estate is Location, Location, Location.

Does it make sense to pull money out with a 70% LTV loan and reinvest that cash in a different property.The rent on the original investment will be just over the 50% rule with the new mortgage in place.I am just so conservative that I cringe at the thought of having payments on a property I currently own.

The fourth way is hand holding you through the process.

., In the upper right hand corner, do a search for the 50% rule and/or the 2% rule to use as a GUIDE, concerning rental properties.