I got the call from her, pretended to know what I was doing and worked the deal.

For sake of investment calculation, you need to pretend both units are rented out.

So pretend you are a buyer and you have 180 to buy a home.

But here in San Francisco buildings (especially 2-units, but again let's pretend it's a SFH) are held by tenancy-in-common and people are given fractional TIC loans (typically 5 or 7/1 ARMs, .5-1% higher).

I'm not a tax guy, so check with a pro.It sounds correct about not being able to pretend the partner in the partnership or the partnership itself didn't happen.  

I have spoken to financial advisors and brokers but they haven't shared much insight as they don't seem interested in helping and give me "pretend deals".

@Richard Anderson Yes, the mortgage rep will have to pretend that the LOC is maxed.  

Underwriters are going to start doing silly things like pretend money is not fungible, back the borrowed funds out of your assets to see if you still have enough money without using the borrowed funds, etc.

For example, in original loan estimate there was a lender credit of 500 plus now it becomes 200 credit and even that is used to offset much higher appraisal related charges 650+150(investment cash flow schedule)And to be clear, I made it clear this is investment property upfront, not like I want to take advantage of cheap government money by pretending this is a primary residence Anyway, this ranting was partly due to dealing with them and with insurance along the way accumulated enough negativities and it just pushed me over the edge even by smaller deal surprise at final closing statements.

I don't pretend to understand new construction.