I save a copy of the listings in a folder so if the IRS ever decides to audit me, I will have documentation to show that my allocation percentage was reasonable. 

I know it can vary based on factors like the age of the house, location, etc but is there a rough percentage that you use or something like that?

Will the banks normally not allow you to borrow a certain percentage of the ARV or initial value before repairs?

Will the banks normally not allow you to borrow a certain percentage of the ARV or initial value before repairs?

Hello BP,What percentage of equity is ok to ask for when presenting a deal to an investor?

If you don’t pcs you must show how you out-grew your house. the easy way is getting married or having a child but you may have to make a case if you stay single and still want to move out.Now if you refinance out of your va as you suggested you will not have to worry about these rules however it maybe more painful than you think to refinance out of a va as the percentage may rise significantly for a conventional on top of the National average probably going up by the time you refi.disclaimer- my phone is struggling on grammar corrections and capitalization so forgive the unprofessional view of this post.

We actually just got pre-approved yesterday for that percentage.

So if those percentages you refer to include everything, you're doing okay.

We have already secured a $130K HELOC on the home which we are currently using a small percentage of to fund our current rehab.   

Also what percentage of tenants would you say renew their lease?