@Lee Ripma have you found that to be the case in KC? 

I agree and feel this may be the case in this particular area in Baltimore.

I filed an eviction last month (different property) and the court actually asks on the application if your mortgage is backed by these (mine wasn't)Getting back to this particular case in the article headline - no, mortgage is not Fed-backed.  

Generally speaking in my experience, the reason to purchase multifamily properties with hard money would be mainly because there is a significant vacancy and it either needs a simple lease up or a capex value play along with a lease up.Assuming this is the case in order to get the full cash out that you would be looking for you would need anywhere from 12-18 months seasoning (depending on the lender) and you would need to be "stabilized" at the time of the refi.

Case in point -- I also own a few SFH in KC and the house I own in the "worst" area has had the same tenant, a single guy, in it for over 5 years now and he has never been late on his rent. 

This seems to not be the case in AK, new construction sales actually went down from 44 units June last year to only 30 closings this year.Does this "trend" hold true in you area?

@Sofiya Cherni consult a RE attorney - if you have proof or testimony from neighbor of long term visitors, or potentially video surveillance evidence, then you would have a case in the court of law.

The seller had to pay for it but that may not be the case in New York so hopefully he shows you that report/receipt/calls the company for a copy.

I'm hearing that's the case in many locations around the country.Keep looking!

Case in point, I'm under contract for a quad where the owner wanted 150, but I wasn't willing to go above 110.