@Enrico MarianiNot sure with the local laws are like in your area, but you may want to call the Department of Health, the inspectors office, or maybe just overall town hall.

This one is our major investment and need minimum of 300K of work done.

As always the best safest first and last place to check is your city building and code department AND any local HOAs.

But if you just bought the property with a mortgage and put less than 25% down, and haven't done any major value-adds to force significant equity, there may be no equity there for you to refinance out.

What are your do’s and don’ts when purchasing a major fix up?

For example, when you try to do the same with a 401k plan, a 20% federal tax has to be submitted to the Department of the treasury by the 401k provider even if you later want to rollover the amount distributed back to the 401(k) plan, and in order to take such distribution, a triggering event has to be satisfied.

Talk to another lender the large majority of them usually don’t do more than a duplex.

You can always swap rate for fee, or fee for rate, but keep in mind that the overwhelming majority of the items on the fee worksheet you probably saw will typically have nothing to do with the lender, we're just the bearers of bad news.

Majority of the properties need to be off market for the rehabbers to make financial sense to buy them.Btw, it would be important for you to join a number of local REI clubs in Colorado after you move.

majority of the victims here ( and I call them that because that's what I believe they are ) are just learning of this.. and once they get with legal council I am fairly certain that they will instructed to stay off of social media.the Sad part is Morris is now throwing the ground partner under the bus..