Ask for documentation that justifies these alterations.It's essential to feel confident and informed throughout the lending process, so don't hesitate to advocate for yourself and seek out advice or alternative options.

If it were me, I would think about 3-6 months of principle and interest reserves plus reserves for repairs/maintenance.

Now you're operating a triplex, essentially, with 2 income-bearing units, even though the street might be zoned for SFH only, and it's totally legal (assuming appropriate setback etc etc).

We can hop on our phone and look up the answer to any question, be entertained on social media for hours, and essentially do anything without delay. 

I have a great locked in rate and want to use it to my advantage - without doing a traditional sale.Has anyone - or is it possible - to sell my own house utilizing the wrap around mortgage principles?

This is an essential tool for anyone buying a tenant-occupied property.

Analyzing deals and building a strong network are essential for success.

If you put a donut over the city of Philadelphia with the center of the donut around the Center City area and nearby (essentially the hole), and the rest of the donut was basically everything else around it, you would find this trend:In the "Hole" of the donut:1.

We essentially want to replace the realtor for these FSBO sellers and just charge 1% of the sales price. 

Given our higher insurance costs (usually 0.7% to 1.0% of purchase price as a rough guide -$291/mo on low end) and property taxes (typically between 0.5% and 0.7% of purchase price as a rough estimate -$208/mo on low end) that leaves only $1489 for Principle and Interest.