So a phase out over three years is what I'm anticipating followed by a refinance. 

They eventually found a local bank that was willing to loan up to 70% with a HELOC on investment properties; which is allowing us to continue our acquisition phase.

The customer service representative says we are still in the underwriting phase and it hasn’t been brought to the investors for final approval and this is the last thing holding it up.

According to the article, "The private component could bring $30 million to $40 million in investment for a first phase with more in a second phase..."

also, if the phases are very large, you'll have an even tougher time finding financing.best of luck to you.

The rejection didn't phase me but I knew something was wrong.

I keep hearing about the pre-construction deals out there where buyers can make a down payment on a condo while in the pre-construction phase at a low price and then once construction's complete the condo can be sold at 25% - 35% above original purchase price.

Over those incomes, up to $100K for individuals or $150K for a couple, this amount phases out.

When I get his check I'll stop the eviction in phase II but think it would be a good idea to continue the service by the sheriff's office.Always file for eviction on the 6th.

Sometimes I feel so new, that Im in the "be quite and learn" phase.