Hello- i need some input, i bought a house that does not have a permanent light fixture in the living and dining room.

My plan is to house hack the first year and then rinse and repeat.

The quote looks okay, but you just need to make sure that the building coverage amount is at least 20% of the loan amount.

A bank does not offer a 30 year fixed conventional loan for a 12 unit commercial purchase.

The house on one side is nearly 500k and the house on the other side is about 700k.

I usually dont even consider flood properties unless something drastic has changed, such as the house has been lifted several feet.

One strategy is to look for a premium town that does not have large amounts of rental houses.

At first, we were going to GC the project, bring in a KP to meet the net worth requirements of the loan and raise the equity, however, I am considering just working with an operator who has the net worth requires and can raise the equity themselves and just GC the construction and ask for a 5% GP. 

Can you get a loan or pay with cash?

Now this was also post freeze, so shorter term housing was at a premium.