Hello All,I've seen a lot of back and forth searching previous posts on this topic, but I can't find a consistent answer.Last week, I reached out to my lender about getting a loan on a STR in TN and she says she cannot provide a jumbo loan on a second home with only 10% down - that a product like this does not exist. 

Working with a mortgage advisor is a great way to find a product suited for you.

Give that product I recommended a shot before you spend money on a plumber.

If 1 unit has it....every single unit has it, so no discount would be warranted.Every decade in real estate has some particular sub par product.

It’s better to be prepared, though paying a CPA might be counter productive in your current situation.

This product is no longer available from them with the most recent tightening in the Non-Qm market.

There are some pretty nice discounts on many products and services offered as Perks to BP members that you might want to check out: https://www.biggerpockets.com/perks/proIf you are looking to connect with other members near you, or want to learn from people in a specific area you’d like to invest in, or have a desire to find people interested in certain topics, you could use the search feature here: https://www.biggerpockets.com/search/users

If not, the initial cash flow will be the highest you will ever receive, and you will have a continuously declining standard of living.You may have noticed that I use rent increase and appreciation interchangeably.

A lot has changed and recently i left my corporate job where i was making over 6 figures to open my own production company thats been in operation less than a year.

I don’t want to be stuck with a savings account if I get declined for the HELOC.