This reflects a decrease of 15% over July 2020.There were 1,632 closings for Residential Single Family Attached in July 2021.

I and most of us, already know that the industry of real estate is the best industry to be in.I have some family members and family friends who either invest in residential properties on the side of their job, or they own and operate their own real estate investing/development company.

Until then the baseline for LTV calculations is the purchase price ($100K), so no ability to refinance out cash* For residential (my name / fannie mae, freddie mac lending), before 6 months they can re-appraise, but the loan can't be a "cash-out", the max loan amount is the financing basis - so if the title work said the 1st lien was $90K, that is max loan, if $140K then that is the max amount

I haven't seen a residential appraisal over $1300 yet.

If it is a residential property you should do some due diligence like check for liens, call town code officer and check map and deed if available.

I currently own a commercial medical building and have owned some residential properties before.

My goal in terms of RE, is to Invest and build a portfolio of residential/commercial properties, AND start developing. 

I’ve worked on small and large  scale residential and commercial projects and have some great relationships with many of Southern Arizona's finest contractors, tradesmen, supply houses and developer/investors.Recently I attained my real estate license and am slowly building my contacts and relationships in this world.  

As far as the proposal to the bank question, I personally would let an experienced mortgage broker do the work for me in getting a loan - there's no cost to use a residential mortgage broker as they get paid by the lender. 

Are there any lenders who can do 20-30 yr fixed commercial residential loan?