Remember, it doesn't need to be Grant Cardone!

If its owner occupied so I am living here and collecting some rent while paying down mortgage (granted in the first many years it will be paying down the interest mostly and not the principal now) does this change your view or thought process. 

Remember, it doesn't need to be Grant Cardone!

I grant the time-value-of-money principle says I could have reinvested that $2,000 difference, but that matters little to me given that I spent $70,000 (50K in rehab costs plus 20K down) to make $50,000, a 28% ROI.

Remember, it doesn't need to be Grant Cardone!

Getting an exception means they bump up your interest rate and or points IF in fact you have some compensating factor to overcome the 3%- if you have 36 months reserves they should grant it but it will cost in the long run.

My CPA says they are passing the buck and the IRS does not grant exceptions unless in extremely rare cases.

It's appealing to me to get off the ground and be able to acquire more properties more quickly, granted profits would be halved as well...

I’ve looked into the 40k ADU grant.

Does anyone know of any grants or forgivable loans for first-time homebuyers that can be paired with the NACA program?