In doing this you've likely committed fraud since your entire intention was always to close with the 2nd at 100% LTV...I've watched the video where Pace describes this and in essence he says that treating them as two separate transactions is fine and there's no need to tell the lender.

Problem here the tenant didn’t declare cats as pets.She ruined the unit in one full year and it took more than $11,000 to replace full floors in two level townhouse plus other water leaks damage.tenant left without telling.Now I am asking property management must visit quarterly to catch damages early on.Ozone machines did not help much.thanks

My family has made quite some renovations in our apartment and can help with the basics, like flooring, walls, and some plumbing, and we have the tolls for that, but for the roofing situation we need someone who knows their stuff.I still need to obtain the blueprint of the whole attic and then scheme it out and dive into the fine details.

And would I need another appraisal thereafter to request removal of PMI.thanks for the help! 

It's a conventional loan and we can use 75% of the rents to help you qualify. 

Any advice on how to do this would be helpful. 

Thanks for the help!

I have a few questions and would really appreciate it if someone could help answer them.

Instead of thinking everyone is n00bs, think of everyone as a potential partnership or source of marketing so that you can help them with the things you are great at, renovation, etc and they can find you the deal that you keep trying to find.

Feel free to DM me if there is anything else I can help with.