This would increase the property’s value to about $608,000, and you could look at an 80% loan-to-value refinance, which should give you enough to cover most, if not all, of the remaining balance.This structure allows you to minimize upfront costs and take advantage of property appreciation over time.

For future reference, the agencies will often adjust LTV/DCR by -5% LTV / -.05x DCR for loans involving new agency borrowers with minimal experience / like size AUM / etc. 

A balanced approach might be best: consider contributing to your Roth IRA to ensure you're benefiting from its tax advantages, while also starting small with real estate investments that require minimal capital, such as house hacking or partnering with other investors.

All, at most, have had minimal fees - $500 for origination, etc. 

This probably should have minimally been a yellow flag and an indicator that the group may not have been buying at attractive cap rates.7.

The strategies you mentioned above seem to be more advanced strategies, but if that is what you enjoy, learn as much as you can and get into it.With minimal income, I would suggest saving up some money, buying a new primary residence that you can house hack, and keeping your current property as a rental.

This approach avoids any specific mention of what you found and keeps the denial grounded in general terms, which helps minimize the chance of confrontation or claims of discrimination.3.

Ideally, they should offer you a dashboard or portal where you can easily track performance and minimize the need for back-and-forth communication.In your case, where revenue has dropped despite heavy investment, the marketing and revenue management piece feels particularly critical.

Hi Xiang - Having a reliable lender by your side from start to finish is essential for a smooth process, minimizing surprises—whether it’s ARV or something else down the road.

A year ago, in San Jose, assuming the unit needed a quick clean and minimal maintenance, most of my units were re-leasing in less than a week.