I am a bit confused as to why you have a $7,600 swing by changing entity type, I could see it causing some difference in accountant fees at the very least if you're including them in that, and maybe something with SE tax, but $7,600 for a new business seems a little much.

For example, all I have to do is type “rental1” in my iPhone and it will replace it with that first reply.

While I have some basic knowledge, any advice or tips for the purchase process would be greatly appreciated.Asking price: $460,000Mortgage Type: FHA / Fixed Rate / 30 Years / 3.5%Unit 1: Primary ($1700)Unit 2: Tenant ($2000)

Purchase price: $198,000 Cash invested: $100,000 muti use building consisting of Deli, Laundromat, office space and 2 bedroom apartment What made you interested in investing in this type of deal?

Is he running a very established business, lots of web presence, social media, referrals through “next door” type boards, to go after in small claims court.

Hey @Justin Williams,I'll start by saying even the most flexible loan scenarios will look at credit. how it relates to the loan process, however, will differ depending on which loan type you go with. my gut punch reaction in this is that your credit score is more about limiting your LTV due to the subject prperty being a multi-family, or potentially driving the rate up so that you no longer qualify (rates are higher on MF than on SFR typically)....it also could be about how your lender is calculating (or not calculating) the rental income coming from the different units.

Remember there are two types of sound - acoustic (noise) and vibration.

The other thing is, there are two types of appraisals IMO  - a bank appraisal and a private appraisal.

  ( 9-11% depending on the type of investment and time frame) Any experiences,  opinions or suggestions would be appreciated.  

@Warren FosterWelcome sir, would love to hear more about the type of multi you are looking to acquire out here.