I’m considering doing a cash-out refinance, not sure what the best options is , to use the rental property or the rehab property.

Would love to connect with you and explain our options to advance your projects forward!

Actually we have divested 4 of our 8 Self storage locations to get into a better LTV position versus my view of the economic world.  

Let's say you split the cost of furniture over a 12 month period amortization rate.Furniture costs: $583Rent $1500Utilities $150Total Cost = $2233After vacancy costs, your monthly rental revenue is actually only $2240 Formula for vacancy (2800*12)*.80You're not making money. 

More of keep options open especially in more rural areas like Vermont, people are open to different types of accommodation especially if you are open and upfront about what to expect.

Other than that, the NMLS specifies no restrictions on the matter. not sure its NMLS who actually regulates it NMLS is just licensing registration I think its still the states that regulate..thats why you need  a MLO in a certain state then register with NMLS if you have a MLO..

I'm still waiting for luck;-) Actually, when I work Hard/Smart luck does appear;-)

Here's a good breakdown of your options for tax collecting starting Feb 1 based on the new regulations.

Let me know if you are interested in discussing this option!

Would a DSCR loan be a better option than a hard money loan for this project?