I use the following method: Pull compsGet potential rent numbersGet a scope of work (costs & to-do's)Ask yourself what a realistic ARV is - or the find a few good comps you'd like to hit.Ask yourself what level of rehab it will take to reach ARV target.Figure rehab and costs based on ARV target.Add holding costs, insurance, realty fees, etc.Work backwards from target.

Maybe you can negotiate a modest rent increase, but unless your taxes & insurance go up then you really don’t need to raise the rent.

Greetings all, In listening to Alexander Felice's podcast #301 He mentioned a way of adding costs to the hud statement to fund repairs and insurance.

Keep in mind that the lower down you have on a property the higher your interest rates will be, plus you will need to buy insurance for anything lower than 20% and that will hurt your cashflow.Research creative financing methods if you are serious about wanting this property.

Lots of good Realtors and lenders, title companies and insurance providers as well as Meet up and REIA notifications. 

Your attorney and your insurance company will be able to help you with this matter.

It won't be an official loan estimate, but it should give you an idea what to expect.Will you be including taxes and insurance in your monthly payment?  

Assuming I can refinance to a 30 year fixed loan here are my numbers.ARV = $270,00070% LTV = $189,000DEBT:Debt Constant of 4.8% loan ($189,000) = 6.3%Monthly P&I @ 6.3% = ($11,907 / 12 = $992)EXPENSES:Less Vacancy & Collection @ 10% = $285Property Taxes (Monthly) = ($1,405 / 12 = $117)Insurance (Rough Estimate) = $1,200 / 12 = $100)CAPEX @ 12% Gross Rent = $342Maintenance @ 12% Gross Rent = $342Water/Sewage = $200Lawn Care = $125Property Management @ 10% Gross Rent = $285TOTAL MONTHLY EXPENSES = $1,796DEBT + EXPENSES = $2,788Cash Flow = $62My goal is to cash flow $100 per a door but this market is getting tougher and tougher to find deals. 

Then just look at current rates and 30 year fixed payments and that’ll give you a rough idea  So if I understand you correctly, If my business income is 45k and my rental income is 18k...45,000 + 18,000 = 63,000 63,000 x .40 = 25,200So my maximum PITI (principal, interest, tax, insurance) payments on all my properties can't exceed $25,200 per year?

If the appraisal comes in lower than the purchase price, a lender can decline to approve the borrower unless a change is made to the purchase price or the size of the downpayment.homeowners’ insurance is purchased (or substantiated, if the property being purchased includes homeowners’ insurance as part of association fees or similar arrangements), and proof of homeowners’ insurance is submitted to the lender.