Pretty much, for every new rule, there will be a way around it And when shopping for a mortgage, the interest rate is not what really matters, it is the cost associated with it.

Therefore if say $675 and $900 are the 'true market prices' for 2/1s and 3/1s respectively, your condo would likely be in the $800-$875 range.My 2 cents.Best of luck.

It must be a true sale.Remember loans have nothing to do with your basis or gains.

I want to be able to bring solid deals every time I shop a contract around, and understanding what buyers are thinking, and exactly what's happening with all the money will help with that process.Cheers,Thomas

It is historically tried and true, and offers some of the best benefits (leverage, depreciation, cash-flow, etc.)

Lots of good shops for buying craft beer supplies if you like to brew also.

If it's in CA I can do the loan at a smokin rate shop around then call me for a quote I've done a ton of investment properties loans.

As far as not being able to get below market value, well that's true, but as I expect appreciation to occur, in a year or three I will have made up for the net-loss up front, and over time hopfully the newer materials, mechanicals, and transparency of the house (e..g, no furniture to get in the way of inspections) will pay dividends in the bottom line.

The good thing about snow storms around here is no one else is shopping.

Sounds in the clouds, but it's true.