(Page 2 towards the bottom you can see the adjustment for 20% v 25%)We have been in the era of historically low rates since 2012.

Each response I learned a lot and adjusted my strategy.- how to break analysis paralysis: The internet is an amazing and powerful tool but eventually I had to log off and get my hands dirty.

For real estate that income is adjusted down by the depreciation expense.

If you are chasing people down, either your system or your price need adjustment; possibly both.

Make sure you are talking with someone who has the power to make adjustments within bank parameters

I have been able to find one lender that can do 85% of the new appraised value without waiting 6 months, BUT it is a 20 Year ARM with a 5 Year fixed and after that 5 years, it becomes adjustable with NO CAP on the rate, plus there is a prepayment penalty.

Rents adjusted to market rates (with still a bit more room, I have great tenants and give them a little break) with the first floor (2BR) renting for $2,375 and the top floor (4BR) at $2,850.

Make sure you tape it off first and trace your cutouts on the tape to ensure you don't splinter the wood to much and use a fine tooth blade for a nice cut.

The point here is that if we have a deal in front of us....but my lender can only go up to X....and I need Y amount of money to get the property....then I would need to adjust my offer to fit X. 

Plus, the faster it appreciates, the faster you can refinance and adjust your debt service to secure better terms and cash flow.