But in order for a buyer to get a 1st mtg, all these ccr’s were amended so the HOA is subordinate to 1st mtgs, otherwise banks wouldn’t have lent on them. 

If your credit isn't great, take time to call around to banks and find out who you can work with and what they're minimum qualifications are. 

As long as the banks will continue to lend us to build our fourplexes we are forging ahead..we live in a stable area in Texas, we have 2FT employees, I still work FT as a nurse.. 10X rule;)

Now I am getting charge .8% more interest for it being an investment property rather than owner occupant.I remember when I bought my first home with an FHA loan the lender looked through my bank account and grilled me on any type of income coming in.

Having said that, I would place more of the blame on the real estate market self-reinforcing the current environment where property values increased and banks were willing to lend on higher values which led people suddenly being able to access more money which in turn led to more money being spent on buying real estate.

Banks look out for their income over yours. 

What is better... pay for the house using majorIty of the HELOC then refInance later or pay 20% using the HELOC and the rest wIth a bank loan.Please offer any details,Thanks,Rick

Even the banks are marketing properties on yard signs.The one benefit is it will push out the new investors with little patience for finding a deal.Deals can be had but you’ll have to work harder to find them.

Standard etc Too remember an episode on BP advising on ACH payment set up through various renting apps or bank institutions for tenants

So far the LLC works good for the banking and splitting up the accounts.