Its a 3bd/1.5 bath row home Either the rehab sucks and the house looks like crap, or, you overpriced it.

Yes, there are exceptions for significant life events (job change), but each individual must meet the FHA loan qualifications on their own, and the second loan must be for a valid reason, like a job relocation or other extenuating circumstances.

Patel I run things like this through my own proforma, so sorry, I don't know what to do with BPs calculator.

@Jose Saladin you will likely not get a CO (certificate of occupancy) to be able to legally rent this out.

Hi Nicholas, some tricks and tips to note for your situation.Your mortgage rate on the new place will likely be a bit higher than your first.

I recommend you go to the source and educate yourself on all the landlord-tenant laws, particularly in an increasingly regulated state like Colorado.Here's a good starting point: https://doh.colorado.gov/landlord-rights-and-responsibilitie...

Quote from @Stacey Wells: Hey everyone,I’ve been researching different funding options for real estate investments and business expansion.

Find a market or strategy, sounds like youre starting with land.

I own 2 small multifamily properties (4 unit and 8 unit) and it sounds like the big opportunities lie in big commercial property (ex. 100units and up).

The HOA governs those areas and may assign exclusive rights to amenities like parking or pool. // Differences in Control & Management TIC: All owners collectively manage the property, often requiring group decisions on maintenance and sales.