If your negative cash flow is near or below what you would otherwise be paying to rent it’s a no brainer in my opinion.

In NY, renters pay the realtor fee so it's a no loss for the landlord.

Port Townsend limits STR inside the city limits so it's pretty much a no-go. 

Hi,Does anyone happen to have any lenders that can do a no seasoning cashout refi at 75% or more LTV using current appraised value?

This may end up being a no-go for the client.  

thx experts There are certainly a lot of factors that go into the decision - keep in mind to there are multiple options with no prepayment penalty, so while there will be costs associated with the refinance - a no-prepay-penalty loan to purchase (at low leverage) can make a lot of sense as you can refinance later when rates inevitably come down, but don't have to time/guess when that is

If you can qualify for a conventional 5% down loan that is usually the best deal you can get (unless you qualify for VA then that is obviously a no-brainer).

@Tori Roy, I can’t point you to the court records, but I remember learning that anti-trust laws prevent NAR from limiting MLS access to Realtors.I think the solution for you is a no-frills, no-desk-fee broker plus signing up for your local MLS without joining the Realtor board attached to it.I’d suggest doing a little googling, then calling your local Realtor board and inquiring (dare I say “badgering”) them about buying MLS access without joining.Good luck!

Im in the middle of buying a no owner occupied triplex and my lender locked  in about last week.. 

We have a NO SMOKING (of anything) inside the unit.