Yep - lenders use as is values and ARV (After renovation values) which would be "cost" - to determine how much they are willing to lend. 

From what I understand, it is a formula used to determine the true cost (in percentage terms) of financing an investment when using both debt and equity.

Availability of jumbo loans is really important to determine when the prices bounce back at SF Originally posted by @Chris Mason:Buying in SF is a bet that a) "jumbo" loans will return to 2019-levels of availability and b) working from home is going to largely go away once the economy re-opens.For b, your guess is as good as mine.For a, you can track the general ease of availability of jumbo loans at the following link.

You don’t think if tomorrow the state legislature put up a bill to increase property tax or income tax Gavin wouldn’t be the first supporter in line?

It is difficult to determine which state is the best because it is a case by case basis depending on the market, individual property, and the owner.

You have to define your goals, know that market, and also validate those assumptions, to determine if it would likely be a success. 

I don't recommend you try too hard to determine if a cabin you like is "worth it" because there are too many variables in the Smokies. 

This includes the fact that contracting to purchase a property of which you do not have ability or intent to perform on contract is illegal in a great many areas of the country, and yes people DO get prosecuted on this every year. 

If you need a referral, send me a direct message.FYI: Your rentals will be recalc’ed with 75% of the rent (not your profit, but rental income) to determine your cash flow.

Compared with low-wage workers, people who have the financial ability to buy homes have been far less likely to lose their jobs, and in some ways, their ability to purchase homes has only expanded.