So do I take that out of the total price as an amount already paid or do I give it back to them to put toward the down when it comes time to purchase?

She is working, I am currently not, but our total household income is 150 % of median in our area, 50 % of which (as of a month from now), will be disposable.We both love our careers: me an international lawyer, she a nurse...

I am waiting on the six months because I am sure they will appraise well enough to get my total investment back in the bank after the loan closes.

@Henri MeliThank you for your response; it seems the variable rate is quite common@Temitope AdebayoSo are you saying I'm not charged with paying off the HELOC, but only the interest that's associated with the total amount?

I really am a total newbie and don't even know which direction I want to go in.

I have a total of 10 people living in the place, whereas the leases show five. 

Figured it'll run me $6,000 in total. 

. $2,500,000 on the first mortgage and $500,000 on the second mortgage for a total of $3 million in financing.

Homebuyer Requirements for the Welcome Home Program Total household income must be at or below 80% of Mortgage Revenue Bond (MRB) income limits.

Hey @Dori AraziI wouldn’t let yourself get discouraged just yet.While you’re totally right that you have a better shot of finding a unicorn than you do finding a 2% rent:value or 15-20% CAP in coastal SoCal - the market here is quite unique.