Want to give you kudos for using a servicer as there are very strict rules to follow to comply.

However, the process can be complex, with strict timelines (e.g., identifying a replacement property within 45 days and closing within 180 days).

I appreciate the insight that you and John offered regarding the lack of value in the business itself and strictly the land + improvements.

Best regards, This approach is neutral and objective, focusing strictly on the criteria, and avoids discussing any specifics about the applicant’s personal situation.

Budget carefully, prioritize high-ROI renovations, and adhere to strict timelines to maximize profitability.

Would you be looking to owner occupy the property or strictly as an investment?

The insurances like AAA are strict on the paint, roof, plumbing, electric etcThe houses are in Stockton, California.Thanks

I know that i could buy my next multi family property as a primary residence close by move in, rent half live in the other and than rent where i am now which would cash flow upwards of 1k monthly, or i could buy another multi as strictly an investment property out of state which would be a lot cheaper (taxes and cost of property) and a lot more landlord friendly laws than New York, i guess i’m just undecided on which route i want to take and I’m trying to weigh the pros and cons of each scenario.

Strictly advice to move forward in these ventures.Your attitude may be the best thing about your ability going forward. 

Lenders often have strict policies when a property is in a FEMA-designated disaster area to protect their risk, even if the property isn’t directly impacted.