As soon as you go to 2, 3, 4unit properties you're looking at 750-1050 dollars plus if you're doing a rental property and are required to do a rental property survey (AKA form 1007 for the loan officers out there) then thats another 125-150 dollars.This assumes you dont have any repairs (double strapped water heaters, health/safey repairs, CO/Smoke Detectors, being most common).

However you look at it, I like do invest in houses and make them something nice that someone can live in and enjoy their yard and privacy, and not have the stress of the weed smoke coming through the ducts, or the stomping guy on top of them or the dangerous dogs that every walks around the complexes.

Smoking and drunk.So I joined the military to get some hope and some discipline.

No negative statements and lots of prospective turnkey investors smoking the Clayton and Natalie “hopium” with their $30-50K in savings...

I have a ca. 1908 multi-family in Portland area and it has averaged about $1600/yr in general maintenance/ repair (includes replacing a number of windows, trim repair, smoke alarm replacements, batteries, bulbs, paint...etc.) + $45/mo.

No pets, no smoking, no drugs, no drama, no exceptions...Also, in California HUD requires 2 people per room plus 1.

The BS rate/terms you were quoted that brought you to H Bank aren't going to happen, period, end of story, done.It's usually the case that you are best served by working with the most knowledgeable local lender who can communicate clearly, and not any of the 600,000 technically licensed/registered smoke blowers (yup, really, at this point 0.5% of the US Population have an NMLS or NMLSR, which is freaking insane) that have been doing refis only for the last 5 years (until rates just went up) who don't know how to read a purchase contract or do a purchase mortgage (most of these refi jockeys will be out of the industry within a year or so, once they are done grasping at straws and promising non-deliverables to homebuyers).

It’s the new smoke and mirrors pitch.......there is nothing magic about a heloc....you are essentially just paying Extra toward your mortgage, which is actually cheaper without using the heloc.There are multiple threads on here, search Velocity Banking or just heloc.....you’ll get hours of nonsensical reading. 

I've been making some broker and bank connections in hopes that when the smoke clears, favor will continue to be with me.I'd welcome a call to connect with us all locally and am looking forward to being apart of something great and uplifting.Well wishes ...

There was smoke damage to everything down to the basement.