Due to COVID, the bank I am working with (The Huntington National Bank in Bucktown) is only providing 85% LTV.

@Desmond Dunn the numbers for new construction mentioned ($150-$200) line up with the typical cost I see here in Milwaukee as well - the only person who makes money with a new build is the builder; new homes sell for about 32% over existing homes (national average).

I submitted all of this and received a loan for 8/52 of the income produced in 2019.As I am getting ready to disburse the PPP funding, I find that National Association of Realtors is stating I cannot pay my agents based on the same document:See the attached document.

Due to COVID, the bank I am working with (The Huntington National Bank in Bucktown) is only providing 85% LTV.

The rise in unemployment nationally has affected our market minimally here in the Greater Boston market.What town is your multi-fam in?

Check the SDAT info to see if the sales are to individuals or corporations for any clues, such as are the transfers to individuals with the same last names, are the transfers between financial entities, etc.

My first rental (which I still have) was in the nation of Panama.

I still work full time corporately so leaning towards holding it

I manage for 150 different owners and most of them own under their personal name, some are in some form of Trust, and some are owned by an LLC or corporation. 

I take as many clients as I want and make my own schedule.I am also still in the National Guard, which is another great option if you want some guaranteed income and the ability to (mostly) choose when you work.