I find myself favoring this candidate over several similar candidates but the applications will probably come in today which may have change my mind.

I have a few similar situations coming up where I hope we get the property because we can get more than the property we take is worth.

The flip side with re-evaluating is they adjust the tax rate too so owners taxes are pretty similar to the year before.

A 1985 construction, 2000 sf house that costs $400,000 in a more desirable part of town is going to have similar repairs to the same house in a less desirable part of town where the same house costs, $50,000.To me, houses should be graded like bonds or stocks.

Speaking of time management, I see bank examiner types have similar insomnia issues, LOL J.

no dont own this house, but the price that could get it for is a tenth of the similar house's value, so I was seeing if it was worth the headache that might come with

It reminds me of a case that was similar to this scenario.

Current tenants are paying $375/month, but similar properties in the area are renting for $450 to $500 or more.4.

Haven't posted much because I've been able to find just about everything I need on the site already.Here's my situation - and I can't seem to find anyone posting a similar issue previously.Sale price: $98KSeller agrees to pay 2% of closing costs: $1960Seller agrees to pay my half of transfer tax (1%): $980Total credits from seller: $2940Net price after credits: $95KI ended up for the first time in a situation where we didn't get the HUD-1 the day before (I have purchased/refinanced my own homes several times over the years and always had it at least the night before).

If you are asking for 60-65% ARV, have the contractor's budget and schedule that can be reviewed in detail, and have an appraisal that shows the numbers all match up, then it's probably something I'd consider.No track record would require a lower LTV, and a proven track record in similar homes in the same area may allow for a higher LTV.