Just a confusing situation for me trying to get more but can't seem to get the deal doneSorry to throw so much on you guys I just knew this would be the right place to go with my questions

Jay, I'm in virtually the same situation as you, here in Phoenix.

If I you are indeed going to be renovating a property it will take you 2 times longer on your first deal and the added stress and cost in traveling will put stress on your numbers.You didn't mention what your cash available is to get going but you will likely need to put 20% down to purchase and have a way to finance the repairs.... 

So I have a complex (at least I think so), situation I need help with.

I am a mature and motivated 19 year old student who is on a mission to help my father gain FI after he has worked hard for 42 years. He is currently 53 and unemployed. However, he is currently seeking a new small busi...

A bit of an unusual situation.

@Edgar Perez How did things pan out with this situation?

Hope I could of helped with your situation.

What does the insurance policy in dollarslook like for that mixed-use situation?

There is of course regionalism to mortgage rates, and your personal situation plays a large role in it...but the difference in the jumbo loan rate and the conforming rate is only 1/8th of a point difference in my area right now.