(but again, you are paying through the nose in upfront costs) while more reasonably priced DSCR require 6 months waiting. 

Sounds like john broussard and texas funding 6% turns into 13.5 the made up reason my name was not llc after a divorce of a commercial property bought with my funds during marriage.. owelty lien. 

Those are just a few of the reasons that growth doesn't explode magically even though on paper it looks possible.There are some people who do have some skills/experience in aggregating and do grow faster and bigger than others.

But anyway those 12 states generally will have a carve out for TRUE PML who is lending their own money and its usually a limit of something like 3 loans a year no more than 5 outstanding at anyone time.. other wise a license is required even for those not holding themselves out as a lender.

I would normally say to speak with your loan officer...but any reason why they didn't give you a FHA renovation loan? 

I can tell you - everything happens, truly, for a reason.

., I like how @John Karg is tossing the Internal Rate of Return components at you so you can get a true perspective of how that house is performing and can perform. 

The denial was based on the following reason:"The proposed use Visitor Accommodations is prohibited in the RM-1 Zoning district per table 14-602-1".At this juncture, it seems my next step is to appeal to the Zoning Board of Adjustments.

I realized that I was thinking the way I think and not how they think, here are three reasons why a seller would seller finance with 0% down.1.

There are several reasons for this.