I am curios to how some of you may have or may be increasing your rental portfolio inventory by leveraging existing equity to purchasing new rental properties.

It will also help you satisfy the pre-existing relationship point of the Section 506D! 

Exist positive cash flow from day 1 is very important to building towards retirement. 

They were basically trying to refi the existing while adding themselves to the deed.

I am looking to buy a single family house that has an existing assisted living facility business occupying and operating out of the house.

Hi Kyle,There are "in service" rules, as well as repair/capitalization regulations that impact this. 

New build or existing?

Acquiring an existing business is a very easy way to get into the game but make sure you understand all the risks and not take broker/owner's advice because they have a conflict of interest  - they want to sell you their business at the highest possible price.

Unfortunately because it is my primary residence and it has not been two years Fannie Mae regulations won’t allow me to count that income towards my debt to income ratio of 45% limit.

Has anyone ever heard of such a thing where in order to replace an existing boiler with one of the exact same model you have to pay an engineer $1,500 for no reason?