Hello brothers and sisters, I am a new real estate investor and I am excited to be taught by you guys.I am from a pretty country with pretty f*ck up government ( sorry for the language, but it's true ) and real estate is a mess, it keep going up and down with no direction at all and the bank is no more than robber in day light with their we-do-what-we-want interest rate ( changing over time by their will )  and secret policy about true market value of property, growth rates ( maybe they really don't know ).So, in short, what will you guys do to find out about the true market price and what kind of leverage will you use if you are in my situation?

I received no more than 10 letters and spoke with about 7 then made a decision.

No more so than any other MLS property.6.

Repair value should be no more than $20k as it’s mostly cosmetic.

They're no more than a ballpark estimate. 

Any payments on the balance remaining from the original loan must be included in the debt-to-income ratio calculation for the refinance transaction.Note: Funds received as gifts and used to purchase the property may not be reimbursed with proceeds of the new mortgage loan.The new loan amount can be no more than the actual documented amount of the borrower's initial investment in purchasing the property plus the financing of closing costs, prepaid fees, and points on the new mortgage loan (subject to the maximum LTV, CLTV, and HCLTV ratios for the cash-out transaction based on the current appraised value).All other cash-out refinance eligibility requirements are met.

No more 3.5 down payment.

I was just told by a lender that I am using (Keller Williams) that seller concessions (closing costs) can be no more than 2% of the loan since it is a rental property.

No more work was done.

No more renovations can be done to this house.