Hello Kelly, You might be surprised, but you can actually get an Bed and Breakfast loan with the SBA 7a Program.

Agreed with others its very convenient to have.

The good thing about it is that it's quick and convenient for both yourself and the lender, the disadvantage could be that it might impact/increase your DTI if the appraisal came back lower than your actual current rent being received. 

Somewhat unusual, but not surprising. 

Frustratingly, those projections are released at the exact same moment as the Fed's rate decision and there's every chance that September's installment will cause some volatility in the bond market.For instance, if the Fed's projections are surprisingly friendly, mortgage rates could fall sharply on Fed Day and many uninformed onlookers will falsely conclude that the Fed rate cut was the thing that did the trick.One caveat to all of the above is that these conclusions are only as good as the market's understanding of the Fed's probable course of action.

It's an incredibly popular change, so I'd be surprised if we don't see it again.As to the retroactive point, it's not happening.

@Charles P. typically, we give a seller two options:1) They can fix2) We get a bid and ask for 150% of it, to cover unforseen surprises.

You're talking about Buckeye, Goodyear, Waddell, Surprise, Peoria and Glendale, and others.... 

Overall I think your plan is good, but don't be surprised if you reach your goals sooner than you think.

Surprisingly, this small town in Oklahoma had a lot of data that says yes.