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.

I believe this is what they call a pier and beam foundation which I have no experience with so I have no idea what it would cost to fix. 

And, you can pay back with no penalty.

Even if I were found guilty, the cost would be in the thousands, not in the millions.

My son currently lives in the townhouse b/c he is going to school and works in the area.Since he is young and starting out in life, I would like for him to only cover the basic costs (taxes, HOA, utilities) just enough for me to break even (I believe that will put him slightly little lower than market rent rates). 

.: Quote from @Cameron Moore: Another example: the average roof in DFW is replaced every 6 years and the average cost is $40k.

Photos, no matter how good they are, don't often convey how the space flows etc.If it is cheap, why not!

Michael,Construction loan programs are fairly simple and in some cases the answer to little to no inventory.

It (2%) technically would be coming from the seller by reducing the 5% to 3% and then you get a closing cost credit for 2% at COE.

Hey @Max Smetiouk, so a soaking tub in the master bath is a nice thing to have, in the middle of the room, no so much.