Are there other banks that do this sort of loan?

Two years ago I refinanced the FHA loan from a 6.75% to 5%.I would like to keep the property I currently have, rent it out, and purchase another 4plex in a nicer area of town which has larger units.

When a property has been vacant for some time (the utility company knows this from their records), the utility company can consider it a safety hazard to turn on the utility service without some inspection and repairs being performed first.And repairs are probably something you wouldn't want to do.Also to add to his item #2, some utility companies either want to see proof of ownership of some sort, or a lease signed by a tenant and the known owner, to turn on utilities.

Most other larger lenders do allow for a back to back closing.

Market CAP Rates will vary a bit from region to region for sure, but a good return on investment is sort of set.GOI is Gross Operating Income.

I can't understand why I see some small companies doing this, but none of the larger outfits.

If you have termites or some other sort of troublesome insect, you certainly want to get that inspection.I think home inspections are pretty useless.

Essentially this was me attempting to use the financing to make a non deal, a "kind of sort of" deal.

I bought a property a few months back and the (then current) appraisal said "...Subject property's market is identified as the "fixerupper" subsegment of the larger Garner & Raleigh area.

I can sort of see their point but I think the house is getting pretty old and could need repairs soon also CA is apparently long over due for an earthquake.Any ideas?