This method is particularly relevant if you're in a market with high rental demandI would like to know the appraiser who valued an ADU using income approach for a conventional loan.  

House hacking is an excellent strategy, and just got a lot easier as conventional loans now allow 2-4 units with only a 5% down payment.

By using time as a key asset, we can ensure that:Properties remain affordable and community-focused.Tenants have access to education and workforce opportunities.Investors receive steady returns without destabilizing the market.To Summarize:This project isn’t conventional, and I don’t expect everyone to immediately align with the vision.

Conventional wisdom states that building a solid local network is key to any operations.

You will live there for a year, hopefully get some equity so that when you refinance into a conventional, you can cash out, but in this market that is pretty unlikely.

HI Guenevere, You can acquire your a primary residence from up to 1-4 units for as low as 5% with conventional or 3.5% FHA with a few exceptions.

This may border on mortgage fraud though if she gets a conventional loan knowing she intends to just hand you the title.What about a private lender that won’t make you sign personally?

Thanks for the response.Another question - I'm currently at 6.875% rate conventional for a year now, is it reasonable to refinance now at 5.875%, conventional?

Downtown Kansas City, Missouri has experienced $9+ billion in investment since 2001, including a new convention center and hotel, a state-of-the-art sports arena, a performing arts center, a new streetcar, and an eight-block restaurant and entertainment district (read more here).

It was really insightful, especially the part about how DSCR loans offer shorter seasoning periods and more flexible qualification requirements compared to conventional financing.I’m currently focused on scaling into 6+ unit multifamily properties in New Jersey using the BRRR strategy.