I couldn't find anything on the standard 203(b) loan for whether or not they allow mixed use or not.

I have a duplex, currently live in one side, and need to make a decision on a window purchase. I received a quote to use regular windows or for an additional $1,150, to use low-e + argon. I am debating spending th...

This is standard here for bank sales.

So if you want to scale and scale quickly, using financing, you need to find those repositions and force equity increase by all the normal standards.

1) buy 3 SFRs in Irvine, California what are 10-15 years old what needs minor cosmetic touch in great condition. 2) buy 10 SFRs in the inland empire: Riverside The question i want to ask SFRs investors is : Is it better to invest in a 10-15 year old SFR in the top 1% school district which i consider as (premium asset in premium location) with 5% cash on cash return, or buy new construction in a "C" rated school cluster with 15-20% cash on cash return (standard asset in standard location.

This title company is a reputable one, and they appear to be simply pushing the industry standard -- ie promoting fear -- when it comes to the Owner's Policy.

*Ordinary Tax rates are you standard tax bracket.

With regard to Hard Money Lenders, if their standard loan amount is 70%, you will most likely come out of pocket with the rest of the cash.

Debt to Income - DTI - is only use on FHA, conventional, Va and other typical residential transactions (consumer front).If you're going to a portfolio lender they look at lending from a 1.25x DSCR point of view (industry standard) which in essence is a 80% Debt to Income if you think about it.1 dollar of debt / 1.25 dollars of net operating income (NOI) = 1.25 X DSCR = 80% DTI Never the less us bankers joke about it all the time because it might be crazy from a residential loan officers point of view but in the banks eyes its not from a commercial point of view.The commercial bank views income property as a consistent sustainable source of reocurring income especially in stronger rental markets so having 1.25 dollars of net income coming in for every dollar of out going debt service payment is acceptable.The mess with this 1.25x they will sometimes make you conform even while subjecting you to underwriting at higher rates, shorter amortization periods, and other income adjustments that make it harder to obtain 1.25x.

In a D class neighborhood or one star I prefer not to buy parks that are really bad, they usually require too much time and effort up front to get them to minimal standards.