Mainly because many seconds the rate on the note is a few points higher so greed takes over with no real understanding of the risk..

It’s not just the cash received at closing, you have to consider the mortgaged portion of the relinquished property. 

If you want me to send you my link tree it will show upcoming events at my mortgage brokerage A and N (we host events with multifamily investor groups, and networking events weekly).

And it doesn't seem to spoil the charm for couples on a romantic getaway.We've been able to raise the nightly rate 2-3x with better occupancy. 

.: Hello,I'm new to tax/mortgage surplus funds retrievals, and have been in contact with a homeowner who is willing to work with me.

I think @John Underwood and I who own lake front properties might be able to help get you a baseline nightly rate.

You just can't beat the financing available, the rate is good but the LTV (96.5% on FHA loans) is unbeatable.

Of course the rate is higher with 15% down, but it helps investors get that property secured with less out of pocket.Happy to help if there's anything you need.

now, if you've boosted the ARV of the house via the rehab to 200K, you can do a cash out refinance, and put a long term mortgage on the property that is paid monthly.you will get "cash out" (minus closing costs) at closing. 

There is a multi-unit property that I'm interested in purchasing and a USDA loan would be great but all the mortgage websites say that you cannot purchase any income-generating property.