If you let something like this get under your skin, it will undermine other things of higher priority.

If the loan amount is large enough it may qualify for Freddie Mac or Fannie Mae agency debt or contact your local\regional bank for loan products.2) Ask the listing broker if they can provide a submarket report from ALN, CoStar, or YardiMatrix. 

Certainly makes it more subjective as to who would qualify.4.

This is a program where 1st time home-buyers who make at or under a certain % of the area median income (say 80% or less for example) qualify to apply for the grant, certain banks receive grant funds so you would need to ask your bank if they participate in this programRehab costs: $40,000 (lot of sweat-equity)Appraised: $385,000NEW PITI $1785/month: Refinanced into a loan of $260,000 ($325,000 with 20% down, 30 year fixed rate portfolio loan @ 4.375%) and pulled out $61,000 ($260,000 minus $191,00 owed on old loan minus $8000 closing costs) I could have taken out a higher loan (due to the appraised value) and received more cash-out $, but I wanted to be conscious of what my new PITI would be and make sure I could cash-flow going down the road.DetailsBefore Renovation- 864 sq ft - 3 bed 1 bath ranch style home, , attached 2 car garage, 1/3 acre yard- Purchased foreclosed for $220,000 with a 30 year fixed rate loan @ 3.875% - PITI $1385/monthI worked with my local bank to build in renovation funds into the actual loan, where I would pay to have work done to improve the property (new roof, heating system, flooring, etc) and the bank would inspect the work then release funds to me to reimburse for the cost of each repair as they were madeAfter Renovation- 1278 sq ft (finished basement added 415 sq ft)- 3 bed 2 full baths- Appraised Value $385,000The first 6 months in the property was spent doing new roof, heating system, refinishing existing hardwoods (hidden under grey shag rug), new SS appliances, new paint inside and out, finished basement (added another living room, office/bedroom, and full bathroom)For the refinanceI was quoted by my local bank for a 30 year loan a 4.875% interest rate. 

Hello All,First time posting to the board.

But RE agents like myself have access to it as part of Ontario Real Estate Board.

Depending on your approval, you can use some of the duplex income to qualify for a larger amount to buy the duplex and there are several that show up between the 500 and 1 million mark all around Denver. 

Do you know of a qualified CPA with specific and current experience working with real estate investors in our area?

*legal disclaimer I am not an attorney and you will want to talk to one*.. but this is from the irs website on 1031's Both properties must be similar enough to qualify as "like-kind."

In most cases, if you buy with a conventional loan then you do not need to live in the property and are free to rent it out immediately, however , if you qualified for the loan with the subject property being a primary residence on your loan application than you must occupy the property for at least one year.