No big, national, publicly traded banks will do this loan type.

This type of real estate comes with high risk and high reward.

Also, some people essentially abandon their properties to the tax collector, because there is some type of flaw with the site, i.e. access, utilities, etc.

Whether or not you'll be able to lower your current living expenses by househacking will depend on:- the type of property- property taxes - which are relatively low in BK compared to other counties- down payment- projected incomeThat said, househacking in NYC is totally doable and most first-time househackers find success in located small multifamily properties (2-4 units) preferably with some sort of additional income potential (i.e.

That is like getting in a plane versus a car and the pilot is like “I am new to this”… Curious and do not want to sound mean - but what qualifies you to have the skill set to buy this type of asset ?

Actually you can make any market, okay almost any market except CA, NY, WA, IL that type of market is very tough to cash flow, but for AZ, TX, FL, GA, NC, you can make those markets cash flow.

To combat this problem, a great management company who will have your back and navigate the ebb and flow of the ever changing climate of these rental sites is essential.Regardless of industry, when one or two of the providers consolidate power and foreclose all competition, this type of behavior inevitably follows. 

What sales price / type of properties are you seeking?

Their investments are opportunistic, and not necessarily limited to one type of asset.

Yes, you can get fianancing on condos with conventional and nonQM loan types.