However, your credit could also be impacted if you're co-signing or jointly applying for the loan.Regarding the funds, lenders usually require that the down payment funds be seasoned, meaning they need to be in the account for a certain period, often 2-3 months, to ensure they are not borrowed.

Unfortunately the additional fee disproportionately impacts smaller projects (I recently paid the same acceleration fee for  $600,000 SF renovation as I just did for a $2.5M school building conversion). 

I buy rental properties because I love the process and the hours I put in do not adversely affect my W2 career/time with my family which I enjoy even more.Find your WHY and then get that first deal done.

Also, keep an eye on mortgage rates, as they can impact buyer demand.

I want to avoid dipping into my retirement because I’ve run the numbers and even just pulling out $500k for down payments absolutely kills the compound interest and makes a material impact on future net worth.

What financial impact is the sibling?

On the downside, if you sell, you might face depreciation recapture, which would be taxed at a higher rate.Have you done tax impact analysis on both of these cases?

That makes late payments less impactful on  e, but still emotionally draining.  

Make sure you know the impact that adding an ADU will have on any rent control. 12) investors seldom include the land value in the overall ADU costs.

This is an important enough detail that is quite impactful if missed.