A lender may classify detached multi units as residential in portfolio loans in some states, not all.

That you wisely build in the costs for replacement linens and towels (also offer black face towels), possibly don't use high-end top-down shades in the Bunk Room (although those black out shades match all the shades in the rest of the house and it's a high-end property), chalk can be brushed, semi-gloss on walls for easier clean-up... and yes, there are clear check-out directions to run the dishwasher provided via an online guest book, a physical guest book, and an email I send regarding check-out the day before they check-out.

I lent $225,000 of which $185,000 was for the purchase of the property and $40,000 is going toward renovations.As a lender I just want to get back my loan amount back (in this instance $225,000) if there is a total loss with the property.I have seen where a lender tells the insurance agent how much property insurance he/she wants based on a price per square foot calculation.On the other hand I have also seen where a lender tells the insurance agent that the amount of property insurance should be the loan amount in this instance $225,000.

The VA loan requires you to live in the property as your primary residence which is defined as at least 51% of the time.

I can find lots of options through online sources (Zillow, Redfin, Rentometer, etc.), but since none of these sites available to me show leased properties I'm having trouble finding good comps to list on the appraisal dispute form.

I plan on saving my income and applying for a FHA loan next year.

To make a really long story short, I have just completed a Short-Sale of a single-family home a business partner and I built in Horseshoe Bay, Texas, right outside of Austin, Texas.Our Operating Agreement states that we are to split 50%/50% of all expenses within the business and treat any unexpected monies due as loans and paid back equally amongst the partners.

However, we are considering attacking the higher loan amounts and the loans with a higher interest rate?

We want to use a FHA loan to purchase the property.

If your 2k is just for their fee, not the other expenses, then call around or go online for estimates from other settlement companies so you can compare.