If that's not what your desired outcome is, do not get suckered into doing the FHA streamline refi.So at the end of the day, you have options, but if your goal is to buy another property, it's best to walk through all your options with a loan officer who specializes in working with investors and these exact scenarios, and map out a gameplan not only for your current property and next property, but getting to property 3,4,5 etc so that you don't get stuck on your journey.Hope that helps and best of luck!

If you need assistance with the setup, my best friend is a lawyer who specializes in these matters and can help.

@Shawn Good, my understanding is Fox Lake allows STR but you have to get a special use permit and it's a 2 night minimum.

Regarding a refinance on a sub2, are there any special conditions or is it straight forward like a normal refinance?

Another problem I see is investors using 8% for PM fee when buying in crap hole areas where a specialized PM there goes for 12 to 14%.

I think if you are doing a DSCR loan it will be more expensive but rates should be the same, unless you are using a special program?

As an agent, have you picked a focus yet or considered specializing/nicheing into being an "investor friendly" agent targeting investors to work with (over generic homebuyers)?

This representation is crucial if you're ever audited.Regarding whether to hire a CPA versus just a tax preparer: Real estate tax is highly specialized, with numerous code sections and rules specific to the field.

However, the fact that it was an existing structure with utilities and plumbing running to the garage made our lives significantly easier.Existing 2nd Story Crash PadZONING AND PLANNINGWe’re located in a suburb of Boston where ADUs are allowed by-right… except if the structure is detached from the main building 🙄 which requires a “special permit”.

What about special assessments from POA?