Cash Flow: Given the high prices in the Bay Area, it’s common for rental income alone not to cover the mortgage and other expenses.

I believe you would look at market analysis of what tenants would be in each of those scenarios and compare the proforma on each. 

Ask your loan broker to run a few scenarios with 25 year mortgages.

The (un)importance of owner occupancy is a common misunderstanding among private lenders.

I’m an investment lender and I can help you walk through all the scenarios.

We're looking at potential deals and some of the agents often present very rosy scenarios of rents, coc, and minimal expenses. 

Hi Porsha- a Homestyle loan will not work in this scenario.  

This is a very common practice and it would be much more rare for an insurance company to not inspect a property after signing a contract.

They do an initial assessment of the problem, run through common solutions, etc, to get info about the repair.

Hello Jonathan if you investment property gained equity would be a good idea to cashout refi those and pay off the Heloc, of course we have to check the scenario and analyze your specific situation.