VA loans are the only loans that allow this, and there is no rate penalty for it no longer being your primary home.With that in mind, you could do a cash out refinance today at a higher rate than current market rates which will create profit on the loan, we can take that profit to pay for your closing costs.

You also have to ask about delivery costs and more.LABORLabor charges are trickier to understand, but Google AI to the rescue! 

Which size of home is typically perform best on a cost benefit analysis?

Quote from @Patricia Steiner: There are several lenders who offer low/no closing cost options for first time homebuyers.

You may want to contact Elite directly and cut out the middleman.

I’ve been working with real estate financials for a while, and I keep seeing one mistake that costs investors thousands: poor bookkeeping leading to missed tax deductions.🚨 Common issues I see:❌ Not properly tracking repairs vs. capital improvements❌ Missing out on cost segregation & depreciation write-offs❌ Scrambling at tax time instead of planning proactivelyI’d love to hear from the group—what’s been your biggest tax headache as an investor?

I paid about $1500 in closing costs between title, appraisal, etc, but the original loan was wiped out in favor of a new lower rate. 

I agree with John, we are seeing renovation costs of $150k- $200k for a basement unit and $250k + for a coach house. 

The cost to do so was 50k to join.

We agreed, and then they informed us after the fact that the cost end up being $2,000.00 because it was "so dirty."