@Bao Chau Tran Look at Citizens Bank, they have good secondary property rates with 10% down and PMI is reasonable.  

Still getting use to the math.

I'm guessing some of the older properties investors favor in Southern Nevada are likely to need things often, so I might be applying great math for those and finding it does not work for more recent builds.  

My clients know if I send the property the math has been done.  

If the secondary and primary mortgage markets fall back onto BB-C-rated securities we might find ourselves in another tricky situation.

It's not typically relevant if you are a bidder unless you are bidding on a junior lien foreclosure.3) read #2...don't bid on a junior lien unless you know you are and know the math.4) While I agree running title is good. 

I think this throws off the report and the math because it’s assuming a cash out refinance and a mortgage at purchase.Adam

The math is pretty simple.

At this price and by my math, a new owner-occupant is looking at 6 or more years until they can move out and cashflow.Are you enjoying Rockville?

Great idea, just sounds like your math and assumptions are all screwed up.