To be safe, it’s usually a good idea to wait a bit—most people suggest 6–12 months.Also, keep in mind that lenders will base the amount you can pull out on the appraised value and their loan-to-value limits, so you might not be able to take out the full difference between $2M and $2.5M.Hope that clears things up!

Hard and fast rules often have their limit.

In my limited experience, I have found the process to be easier with agents involved.

There may be a limit on the amount of partners allows as many lenders want the personal guarantor to have a certain amount of ownership in the entity.More info on DSCR loans:DSCR loans won't use your income to underwrite the loan.

Are you in the county, in the city, or in the mile limit for the city?  

One approach we've taken is implementing a move-in and move-out inspection (with photos) to limit wear and tear.

Otherwise you can break the limited liability benefit (if operating as a LLE).

https://www.cbs8.com/article/news/local/working-for-you/new-...Good luck I know that area—space is limited.

Different banks will have different lending guidelines, legal lending limits, fees etc.

Significant changes to lease terms that impact tenantAlso, the tenant would not qualify for relocation assistance if they live outside of Portland City limits, live with their landlord, or have a week-to-week tenancy.The tenant has a "Right to quiet enjoyment" No entry is allowed for maintenance or repairs without proper 24-hour notice.