All in all, unless large changes occur, I will stick to what I am doing and adjust accordingly with the market changes as they occur.

For such instances, I would take the normal ARV of this home and reduce by a bare minimum of 15% and likely 20% just to keep me safe. base your offer price on the lower adjusted value knowing you have to disclose which will chase away a large % of your buyer's pool, regardless of how nice the area/neighborhood is.

It would be all new construction.

Hello BP Fans,I currently own 6 single family homes of which 3 are rented, 1 goes on the market next week for rent, 1 under construction and 1 waiting to close on.I'm putting an offer on a house which if i get, would be the most expensive rental I would own.

But he's local, he has other related construction and hauling businesses and crews and he's not aggravated by his tenant pool (like I am).

Both are priced way below construction cost.

Waterfront lots do sell and Wells Fargo and BB&T offer programs for folks to purchase lots with the intention of building but it is not construction or construction permanent financing to the best of my understanding.Good luck.

I never did this much spraying - this is slab construction, no basement.

DO you have a construction background?

You do not need to adjust your loan, you need to make sure when you renew rents you capture what you can.