From a cost perspective having a license is great.

Thank you all for the perspectives.

The value should be pretty in line with the comps the problem I see with most borrowers who use DFE from my perspective (I am a LO day to day) is that they expect appraisal value to be based on their own opinions or what they spent on their rehab.

Everything I've ever done is nothing down... nothing down is not a technique or approach, but rather a perspective.

It is one of the most historic neighborhoods in the country, so preserving it has become a focus as of late.I know I rattled on here, but I wanted to give a perspective from someone who truly knows the city. 

Anyone see opportunities from a residential real estate perspective as a result of this announcement?

So I see it from a brokers perspective, an owners, and a developer's ( what the property could be changed to down the road to hold or for an exit strategy). 

I was one of the first HML that ventured to the mid west... so I have a unique perspective on this model..

HI Orlando,Congrats on your first steps to obtaining a first live in rental/house hacking property.I would recommend a fourplex from an income perspective however, your own preferences will dictate if you'll be comfortable living in a fourplex versus a 2 or 3 unit instead.From the financial perspective the fourplex will be the best option to cover and may even provide net positive cash flow after all expenses are paid (mtg payment, tax, insurance, utilities, repairs, etc).From a VA perspective to qualify you'll need:90 days of continuous service for an active veteran during wartime 181 days of continuous service for an active veteran for peacetime periodsnational guard and coast guard or reservists need 6 years of service to become VA financing eligible.What I see is that is that often times proving primary occupancy may be difficult for an active veteran especially if you are not currently living in the vicinity of the property you're looking to purchase.

I am a wholesaler and reside in Northbridge so from a BP perspectives we are basically neighbors.