You don't want to lose your rate on the house you are living in now unless you want to sell it so since that is an owner-occupied, you need to stay there and save up the 20 percent for the second property based on what you said.

This resulted in literally weeks of delays, which contributed to the closing being postponed and rescheduled, losing our locked interest rate.A big gap in the overall Kiavi process is that we never received detailed introductory emails about the steps of the refinancing process.

If the deal goes south and you have next to zero money in the deal, selling a short sale or walking isn't as risky for you since you aren't losing much.

But as of the last 6 or so months I seem to be losing direction.

I wasn’t prepared to lose so much of my savings as carrying cost basically I paid for the tenants to live there for 3 months + my own living expenses in that time.

The WORST result for you would be losing your EMD which is exactly what happens if you don’t go to court.

How much longer will it take for her to finish he cleaning and painting to her liking, while your losing rental income on the other unit by her essentially occupying 2 units?

It is a very secure investment, and it is almost impossible to lose money on this deal.

Most of these folks don't want to lose their voucher.Additional issue, when rent is too high, it slows down leasing. 

I was scared of actually getting the deal done as much as I was to losing the deal.