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.

They can be difficult, cantankerous, cranky, but straight-forward, resourceful and well-connected.

Getting the judgment is pretty straight-forward if you have good documentation.

., 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.

That has to be accounted for.Now, if the person is just lending your own LLC the money, then pretty straight forward loan documents would apply.Feel free to come on out to the WCRT again and we can discuss some of those questions.