Pursuant to rule 2 13.0003(2), Florida Administrative Code.

Your local market may be different but here are a few rules of thumb1) Investor financing is tough for any situation.2) Cash out refinancing is not available. 3) Refinancing will take some seasoning, perhaps a year.

As general rules, the more basic the design features, the more basic the colors.

I am not upset with hud, i just wanted to put this out there to warn other investors about the rule change

The number 1 rule of real estate is Location, Location, Location.

Does it make sense to pull money out with a 70% LTV loan and reinvest that cash in a different property.The rent on the original investment will be just over the 50% rule with the new mortgage in place.I am just so conservative that I cringe at the thought of having payments on a property I currently own.

., In the upper right hand corner, do a search for the 50% rule and/or the 2% rule to use as a GUIDE, concerning rental properties.

Applying the 70% rule puts you at $280,000.

With a TH, I would also consider that you probably have a HOA to deal with, HOA dues which can vary and the HOA may have rules about who or if you can rent, need to check the covenants and bi-laws.

Even though I was so close to list, I didn't want to break my own rules/numbers, and quit offering. 30-days later (lack of tracking on my part), the list price was reduced, below my latest offer, and was sold within the day.