Did not know about this disagreeable feature of LVP.

There is more time invested but totally worth it for the increased cash flowHi - what bank did you get your lending from? 

research market data for the top and bottom averages of property value appreciation data in your area to find out if it's worth it to you.

You submit a letter of intent to get the property, do inspections first in New York after your offer is accepted, and after inspections are resolved, your attorney then writes the contract.

Going to agents will spin your wheels and is not worth it.

Check with your local HUD office.https://www.hud.gov/program_of...

Thank you Steven, if your HML will not extend for you, I would recommend a 0yr PPP DSCR loan.

Depending on the investment and your current knowledge, this can take from 2 to 20 hours of research.2, Spend $400 - $600 for 2 hours consultation with an attorney who specializes in real estate IN THE STATE that the underlying property is located in.3.

Snow is a fact of life for those who own higher elevation, rural properties.

Keep in mind that when you are licensed as an agent, wholesaling can be restricted or disallowed by your brokerage so you want to check there first.