What value is expected or provided by an agent who specializes in multi-family residential, not commercial. 1-4 units.

This was a cost-effective way to meet our requirement of providing just a stove and refrigerator (we don’t include washers or dryers), without breaking the bank further.But here’s the twist: If we were upgrading appliances for a long-term tenant with a stellar payment history, we might invest in brand-new appliances.

Two things I remember that probably don't happen today: -First property was a no-doc loan, technically low doc because you still had to provide information but with 30%+ down pretty much anything you wanted was yours.

@Brian Chadwick A cash out refinance might offer more favorable interest rates than your HELOC provides.

Now that Steve has provided you with the right places to look, you will be even more prepared in your vetting the next time.

If they are the one providing most of the cash, they might not want to carry that liability, but you've already negotiated with your partners on this and then the bank isn't cool with it, you could be in a pickle.

I used 7/1 arm provided by builder. its 5.25 with 30% down payment

Retaining your current home at a 2.875% mortgage rate maximizes cash flow, while accessing $65K in equity provides liquidity for your next steps.

We didn't because we needed to provide POS in order to obtain our STR permit being that previous owner had a permit on the property already.

So don't chase making big $, chase making big impact.