Originally posted by @Thomas S.

Originally posted by @Cliff Tsang:Thanks @Nathan G. - agree with all your points.

Originally posted by @Ori Foyer:My tenant moved out on the end of June, I rehabbed the property and plan to sell it.

A little background: I'm originally from the St.

Originally posted by @Keith Hebert:Thanks For the input Frank. 

Originally posted by @Marc Weisi:I recently spoke with my lender about options for obtaining an FHA 203k loan on a multi-family here in NJ.

I'm in a situation where the home I moved into (about 16 months ago) was a new construction in a very new/empty part of the neighborhood, and the appraisal pretty much matched the purchase price... but since then, the neighborhood has filled with new homes with similar or worse specs that are being listed and sold for more than $10-20k+ above that appraisal.So my question then is: when a lender looks at LTV, do they calculate this based on the fair market value as of today, or would they need to use my original appraisal figure?

Originally posted by @Nathan G.

Originally posted by @Miyako Boyer:I am in the process of saving up money.

Originally posted by @Craig Schneider:I owned a couple of properties in Nassau and recently sold them and purchased in Suffolk due to the higher taxes in Nassau.