Not that it was needed… multiple inspections since show normal settlement and nothing that indicates a sinkhole.I would like to sell the property for fair market value, however I understand that with the “sinkhole” history the house will sell cash only, 15-20% under market value, since owner/occupiers will have challenges getting insurance and financing.Any ideas how to remove this blemish?

For context, it's a $700-800k 2-unit MF, which I'm indifferent about in terms of going the owner-occupied vs pure investment route.

Also if it’s owner occupied they’re usually a little less than if they’re not, so see how it’s currently listed compared to how it will be if you buy it.I’m not familiar with the ($470) 2.5% lease up fee.

Hi I’m a Vet who is recently interested in real estate investing and I have a LLC, formed but not enough capital to buy or flip anything i do have and occupy a home and my question is even though I used my VA home loan on my current house is it possible to use the VA home loan a second time on another property to use as a rental property then transfer that title over to my LLC ?

I used traditional financing, owner occupied loan, and I house hack the property which allows me to live there for free.

These were largely sourced pre-CV19, so eat the fish and spit out the bones.The DTI percentage range varies by lender, and it is less than what you will find for an owner occupied property, due to lender risk.

 @Monty Lopez I bought my first rental by telling the bank it was owner occupied to get away with only 10% down.

He didn't want to go through the hassle of showings bc it was tenant occupied so it worked out well for everyone.

In any “normal” market, I’d just put 0-3% down owner-occupied, pay for the reno, and call it a day.I’ll be speaking to banks/credit unions as well but what do you see as my options to refinance (or finance) after reno to pull my money out as soon as possible?

Owner occupied residential real estate is now heavily regulated.