I don't support $12m/mile for any kind of bike lane,   but long term planning of road infrastructure for more than just cars is a good goal.

They continually introduce new programs and initiatives to help their students succeed, and we’ve never once seen them fail to meet a commitment or bend over backwards to support us.

I’m considering doing the “70% rule” with this flip.

haha I still think South Bend is up and coming with the South Shore expansion, Notre Dame involvement, employment increases across multiple business categories throughout the entire region, and government support of a revival in downtown.

since people here like the RE rules. we'll take your 155k arv times 70% and minus your est. repairs. looks like your pp *should* be around $88k, so, if your repairs quote is close enough, you should be in good shape.

@Kevin D HooksThis is an absolute, 100% no-go.Your father is a disqualified party to your IRA.The IRS rules prohibit any direct or indirect transactions or provision of benefit - in either direction - between a plan and a disqualified party.Your IRA coming into this transaction saves your father's interest in the deal. 

If the bank is stating that there is....that is because they have an extra rule on top of Fannie/Freddie loans. 

As a general rule, in order to pick a market, I suggest you go with:1) your own backyard (maybe inaccessible price-wise as you mentioned)2) where you have family/friends3) where you frequent as a traveler4) where you'd want to retireBest!

We are just speculating on the upward moving of this market because the house price keeps rising and there are organic factors that support it so in a moment we think negative cash flow can gradually be covered by picked up rising rental rate, but i guess its not financially sound on this deal

Overlays are extra rules banks put on top of Fannie/Freddie rules to be more...selective...that might be a nice word for it.