The percentages are based on the number of financed properties:• 2% of the aggregate UPB if the borrower has one to four financed properties,• 4% of the aggregate UPB if the borrower has five to six financed properties, or• 6% of the aggregate UPB if the borrower has seven to ten financed properties (DU only).The aggregate UPB calculation does not include the mortgages and HELOCs that are on• the subject property,• the borrower’s principal residence,• properties that are sold or pending sale, and• accounts that will be paid by closing (or omitted in DU on the online loan application).

When I've done refi mortgages, the application is for an estimated value of the house. 

thinking of DIY with some Leak Stopper  Rubber flex tape . 

the wording wasn't super clear on who specifically the buy out option was for.if the 2 months rent buyout is applicable to me , how do i serve it ? 

And we are in the process of permit application for expansion plus ADU with a hope of more cash flow (might be able to match 1% rule). 

I’m renting out my first house and I have a couple of applicants with seemingly good applications.What should I double check on when meeting them in person and showing the house?

There’s the potential to be audited and you need to keep good records.Many are afraid of the terms I’m not I plan to accept the loan I’ve read the application multiple times and I feel like I understand the rules.

It takes longer to close (45 days minimum) and has a lot of annoying red tape but it's good when you are starting out and plan to live there at least 2 years. 

We put one on the market Friday and had an application on Saturday. 

Other than that, not too many applicable real estate lessons from this transaction.Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?