Once you get to 3-4 units, then it will make sense, or the insurance company will force you, to move to a comercial policy.

Most bidders will make an educated bet based on the HELOC credit being fully used, default interest rate in place and advances for taxes and forced placed insurance likely, too.

Construction costs will lower; there will be less inventory forcing shift back to newer construction to make that side of the business more profitable.

Will the area allow for me to really cash flow nicely after doing a cash out refi, allowing for my rehab work to really force appreciation to get your initial investment dollars back so you can do it again?  

Aloha Cole,I'm a Air Force O-3 Reservist and vacation rental owner/operator of 2 positive cash flowing units in the surf capitol of the world Haleiwa, HI.

Most of the people I help find rent are potential high quality tenants, newlyweds or new immigrants from Ukraine, Russia, Belarus, Moldova and other European countries.

I don't think it could happen without the possibility of the Force of Law, I.E. you'll need an Attorney.

It will also help to have both when another market crash happens (and it will) so that you are not forced to take money out of market tied assets.Hope this helps.

From that link I understood that Bayview might do nothing since they filed their claim and just wait until I sell the property to force me pay it off.

So when I contact you by email and list out in detail what I'm looking for and what my resources are and you force me to give you my phone number before you'll talk to me - we're done.Please - just give me what I ask for and if/when I see something on your list that I'm interested in, I will hike up my big girl pants, bolster my courage, but on my outside face and call you.