Good evening BP users, I have a underwriters employment question.

Weigh the refinance cost Vs the additional amount that you can cash out so that you can decide if it is worth proceeding or not...Also do note the change in the monthly payment with this new loan...

I'm a fan of creating repeatable processes, putting them in place, and managing the process rather than the work and every single person involved.This is all good stuff worth considering, I'll PM you for additional information/discussion. 

@Robert DoucetteIf I can be of additional assistance during your property searches locally, drop me a note.

If the park is in a flood zone, there may be additional height requirements for new mobile homes coming in.

Sure.Here's how I would put it together if we're claiming primary residence..... get a very well drawn out letter of explanation probably involving her office or location of work being near the subject property and have the employer document the request to be closer to work so the story flows and is plausible in the mind of an UW.Now if you're going to put down 10% anyway you could just structure it as a second home purchase as second homes can be purchased with as low as 10% down up to a max of 417k loan amount in most parts of the country and especially so in Los angeles, Orange county, San Bernardino, and Riverside, and Ventura counties surrounding you.

I'll do my best to keep it concise and interesting :)About me: - Interest in real estate started while in college (Rich Dad Poor Dad)- Worked in sales and management after graduating- Built a real estate investment portfolio part time while working full time- Quit my W-2 job after 3 years and went full time self employed- Started and sold a successful ECommerce business (Still partial ownership, but silent partner.  4-hour work week anyone?

***Additionally, a mortgage broker that is able to take a tenant-buyer's option consideration that is paid to me (wholesale lease option deal), and either apply that consideration towards the TB's down payment when the exercise their right to purchase ORdiscount the price of the house.Typically the consideration goes through a third-party escrow account (my attorney's), and that helps with the above.Typically mortgage brokers who understand this type of situation will only submit financing applications to banks they have great relationships and won't have an issue with this type of thing.Thanks in advance!!

There is a lot of material and I feel that additional prep is needed for the exam.

I've been able to employ some of the multifamily and SFR strategies investors mentioned on the podcast into deals I work on as a commercial agent.