The insight about ARV being influenced by nearby single-family properties is gold—makes total sense now.Right now, I’m just exploring Sacramento and trying to learn as much as I can.

Can't imagine what I'd do with my time if I totally stopped working!

. $69k for a 3 unit with gross rents of $2k a month and total expenses of $800 a month which included management and capX.

So you're not worried about current income...totally understandable, wish I was in the same boat ;-)

So, for a $100,000 loan under this program, your total loan fees to us would be $3,500.

I'm wondering if anyone has had experience with a similar situation to mine and or has any advice.I'm looking to buy a triplex as well as a single family home that is on one parcel, so 4 total units.

My parents had a 3 family growing up and I used to hate going there on weekends but I learned a lot and it obviously stuck with me.

Total annual income for all applicants meets the 3X requirement but the credit scores are 700, 595, and 545.

If the numbers work at 3.5% down, then obviously an investor putting 20% down is going to snatch it up. 

Obviously these are unprecedented times and hope we all will be stronger as we learn to deal with it.