Refi loan from construction to owner occupied loan (preferably conventional)8.

Remaining mortgage is $171,000.Property #2 is a single family, conventional fixed rate mortgage.

As long as you can weather a few of those over the years, the rewards of "tenant friendly" policies for landlords can be incredible.Contrasted to a place like Houston or Austin Texas, where fewer tenant protections are in place, and you get a booming flow of new inventory.

Ca allows ADU and JADU but- having both an ADU and JADU disqualifies from f/f conventional financing.  

Has anyone worked with Core Capital (located in Casper, Wyo.) to help liquidate their REO inventory?

The issue in Chicago is our unique 2-4 unit inventory that is still more approachable in price compared to other big city markets.

That said, it looks like you'd have to bring a huge downpayment to the table for this deal.Why not just purchase with conventional financing?

Other states are probable less insane than Massachusetts, which isn't saying much..For valuation, think (ODI X 2.5) + land value + assets + inventory. 

This becomes easer because the properties that we work with are new construction, so it is easy and fairly cheep to get the report done.We work with builders to help move their inventory of off market new contruction Investment properties at spacial investor prices and incentives.  

House hacking with low-down payment loans, conventional loans, owner-occupied financing, seller financing, HELOC, down payment assistance, or partnering with investors can expand your portfolio.Good luck!