So, less closing/selling costs and the cost of borrowing the money (just for round numbers say another $20k), I can expect to see $20k profit.The second question is, what is the maximum ARV on the house I could reasonable expect to get?

So I borrow a dollar at 3% for 30 years.

You want to easily evict your tenant buyer if they stop paying, but you want the deal with your seller tighter.You would, hopefully, collect a relatively large option fee from your t/b and give a small one to the seller.

My advice is stop searching for a deal.

Borrowers should spend a little time getting some initial opinions on their project.

In theory, as rates rise prices should be adjusted to offset the added expense of borrowing, but there are so many other variables that could counter that relationship.Knowing the relationship will help determine better investment strategies.

Tom Hanks "the hard is what makes it great"If I were an aspiring RE investor, new to the game, or just starting out and looking for the right path and info, I would beg, borrow, and borrow some more to get to this event.

:)In all seriousness, you want to start asking your professional friends (high income earners such as doctors, lawyers, engineers, etc) and your older friends (those who might have retirement funds they aren't yet using), and see who is looking for a better return on the cash they have sitting around.Then pitch your *low-risk* opportunity (explain how it's secured by real estate worth a lot more than what you're borrowing) and see if they're interested.

If it were to be cut in half via a re-zoning issue, he/she would fight tooth and nail to stop that and if not successful, would likely not buy the parcel.Good luck to you and as already stated, start with the planning department.

The TARP money given to every recipient was a subsidy.If B of A or any other bank found a profitable loan and needed to fund that loan with both equity and debt (deposits), they could have raised those funds in the respective markets and likely paid a higher rate to the equity holders or debtholders that they paid in interest to the government in TARP loans.Just the same as a borrower buying a home with FHA financing receives a subsidized interest rate.