Using a 203k, you'll usually have quite a bit of equity that in 1-2 years you should be able to refi out of the FHA loan product into a conventional removing the MI associated with FHA loan products. 

You can’t just be busy—you have to be productive.

Alternatively, in a QBO Simple Start or Essentials subscription, if seeing profitability by property is important, you could still structure your chart of accounts to reflect each home, though your P&L will be a bit more lengthy & harder to digest.If you have any questions, feel free to reach out, happy to walk you through the pros & cons of QuickBooks options!

The plans are essentially ready for approval, just need a few revisions, so I should be able to pull it off :). 

I have several different loan products but my most popular one is the new joint venture product that hasn't been out very long.

If you have any questions or need guidance on loan products, strategies for securing financing, or understanding of the lending process, feel free to reach out!

Less oversupply with that product type and more renters that were renting the more expensive bigger cabins are choosing the lesser ones because they love the area but don't want to spend as much on rent.We've talked with several long time investors out there and there isn't a one that have held on to their cabins over time that aren't still adding more. 

I have seen loan products that will let you purchase a mixed use property to live in the residential unit, but that is a specific product and you should consult and expert to see the best option for you and your cash on hand.  

I don't know, it sounds kind of weird but my friend is kind of freaking out about potential liability since the lien was literally placed on the house essentially hours before closing.This is being made all too complicated.  

It’s essential to confirm this early in the transaction.