I am closing one right now for 80% LTV based on the appraised value, but only up to the max. of the original purchase price. look into it, maybe even call one of my company LO's in your area to confirm you can do this. 

A Loan officer cannot alter their loan officer compensation it would violate the LO Comp rule under the "Dodd Frank" regulation. 

Thanks for confirming thhat my LO is the bees knees!

Tagging my favorite LO @Wyatt Wolff - cheers!

https://www.courtlistener.com/docket/68086281/seiler-tucker-...https://www.courtlistener.com/docket/68037763/north-haven-lo...https://www.law360.com/real-estate-authority/articles/177058...https://www.ripoffreport.com/report/david-hughes-genie-walte...

Many LO's don't know how to structure them, they don't know the pieces of an LLC that they may or may not need to collect and some don't even know the difference between a hazard policy and a homeowner's policy.Sorry you got a bad LO.Stephanie

What if you go to lo sell and the tenant doesn’t/wont move out?

So, that all rolls down hill to your LO.

They have to initial each line item but lo and behold, they have amnesia when they violate them. 

ThanksShane If your LO does not know how to calculate rental income from your tax return you need to find a new lender quickly.