As long as you can meet the guidelines to get 75%CLTV and have enough equity then you can proceed.

Something to look into, nonetheless not enough info to give you a concrete response. 

This tends to eliminate appraiser incompetence and requires adherence to guidelines set by the Appraisal Institute.  

I typically only run numbers based on concrete things that I know of right now.

They'll have to find a home they can afford, and then one that meets the guidelines (needs to be in good condition.) 

Most of my customers who own their own land typically use Fannie Mae since it offers a ower Dp for 2-4 units and the guide lines are more lienant. 

For example, if someone has 3 listings, they'll be paying around $50 each but if someone comes on with 50 they may be paying like $25 (these are not concrete numbers) they also have add ons like dynamic pricing and smart locks which are additional. 

Got it thanks ill check it out, hopefully there is some clear guidelines on this.

Therefore anyone with bank originated construction debt or bridge debt is likely happy right now with the rate cut and narrative surrounding future cuts since in many cases these are adjustable rate loans with floors we likely won't see anytime soon.It will be interesting to see whether this cut gets banks who have been on the sidelines back into the market or alternatively some lenders who have continued to lend but with tighter underwriting to ease their guidelines.

The loose guidelines say that you are allowed 2 heartbeats per bedroom.