A little goes a long way you only need 5-10% down for a New primary, 10% for a Second/Vacation home, and 15% down for an investment home even up to 4 units.The home you are planning on selling if you rent it out you can use the 12 month lease/rental agreement to offset (Wash) the mortgage payment if you take cash out so that you do not get hit on the new purchase against your DTI.

The 2019 build would blow away/wash away in a storm way before the 2000 build but to the insurance company on paper the 2000 build was a higher risk. 

They all push ‘flipping” houses, and the ability to do so with “no cash or credit”.  

It's not "sign the PMA" then wash your hands of it.

I am wondering if he should just keep it and power wash it or change to white .

Mezzanine debt.This pushes groups to finance this way because “that’s what sells.”  

Getting ready to list a property with one of my investors & have some push back on my listing agent commission.  

This is the problem I observe with most when in comes to entity formation and asset protection. 99% of the individuals who post questions in these forums are for some reason pushed to believe they should at least research entity structures that are completely unnecessary.

Changing that to STR pushes the rate up to mid to high 6's, possibly low 7's. 

We were super lucky to have hit relatively low rates (15-year 2%-3% range) that we would not see again today.The Dallas property is now rented, giving a almost zero cash flow over a 15-year fixed mortgage, until the recent HOA increase pushed it into the negative side slightly.