I was spitballing with a homebuyer with a particular itch, and we came up with an interesting proposed HML structure.

I can maybe bring in 150k-200k but the difference, I was wondering if its feasible to ask agent to propose to seller to carry remainder of the deposit as a 2nd mortgage and I pay her back aggressively after property maxed out.  

my DTI may be a little too high (self estimated at 47% with new proposed loan amount).2. 

In order for local municipalities to pass rent control the state would first need to lift that ban (which has been proposed several times but has always been voted down).

But I’m betting you will have trouble with the front half of your proposition (getting a seller to bite).If you look at this from a seller perspective, all of what you propose is very complicated, versus a typical buyer paying him off and he is out of the picture.  

We then provide three options for tenant to check off: 1) accept 2) reject, this is X days notice (per local law) that we will be vacating by (Date) 3) we propose modification of term as follows: __(counter offer or ?)

City rules regarding “first-in applications”, lease terminations, and now the proposal for domestic violence damage being the landlord responsibility makes it really difficult, if the exceptionally higher prices without rents to justify it comes in.

Hello all,I would love any input, thoughts, opinions on the proposed short-term rental ordinance.

@Maddy Lakshmananwhat you are proposing will not work.you can't just 'refi' and pay the HML back unless you've added significant value to the property.otherwise you'll just be out a bunch of cash.do the math and you'll see.

I propose to my mother to increase it $15.00 or $20.00 each year until she is near or just below market value.What are some good reasons to raise rent that tenants wont get upset about?