Unfortunately, most lenders are only going to allow you to refinance at 25%-30% LTV, which means if the properties ARV is $325,000, you’ll only be able to refi $227,500-$243,750.

Unfortunately, the condo complex recently changed the rules to not allow rentals of less than 6 months. :/ Does anyone have experience with corporate rentals of 6 months+?

Hello bigger pockets friends,Unfortunately I have a neighbor who just passed away across the street from me here in California.

They were former clients of mine but were, unfortunately, getting divorced.

Ask him what all debts he is using, maybe there are credit cards with balances that can easily be paid off that you haven't considered.He unfortunately cannot use the income from your SRT since it's an ADU, and you there are tight restrictions around when you can use boarder income. 

The mindset to protect the property from water damage is common sense unfortunately some people don't care.

I think you're doing the right thing by seeking legal assistance, I believe there is a formula they follow and should let you know if you fall within that threshold to take that case on or not (I did this for a North Bergen multifamily i bought back in 2019, unfortunately it wasn't successful lol). 

Unfortunately, there were very few challenges with this deal.

Their are circumstances where you don't have to occupy like being transferred to another location. 

Real estate agent was not helpful unfortunately, but do have some other connections in RI that I would highly recommend