A millionaire is an individual whose net worth or wealth is equal to or exceeds one million units of currency.

they want to make sure that you're monthly debt including your new mortgage does not exceed roughly 42% of your Gross monthly income.  

Depending on the lender, there can be a price break if the DSCR exceeds 1.5. 

The Twin Cities market is expensive and demand far exceeds supply in the under $300k market.

While I bought them for cash flow (summer airbnb rents at the beach) prices have far exceeded what I thought I was buying into 5 years ago.

They thought they were getting a great deal and then learned after being notified they were the winning bidder, learned the sites were not only contaminated but the cleanup was going to exceed the purchase price.Many of the bidders are new to the US and want to buy a piece of America but are not yet familiar with our environmental laws. 

@Frank Wong when you say 00 you mean properties exceeding 100,000 I’m assuming.

If you exceed the days of the lock the lender must extend the rate lock for a cost - in most cases cost to you unless its their fault and they might cover.Alwasy best to shop around first or during for a second review on costs.

I don't own your car but it doesn't mean I could just walk away after damaging your car.Is it true that I will have to pay for it out of my pocket initially anyway, even if my insurance will reimburse me if the cost exceeds the deductibles?

Plus, buyers frequently demand a price discount on assumption deals, which to the seller might meet or even exceed the cost of just paying the yield maintenance.