Hi all,If you move out of a househack and make it into a full rental where in my situation, 2 units are rented out. Is it highly recommended to switch the home insurance to a policy that is meant for rentals right aft...

@Joyce Kim, have you considered your options under SB9?

For a unique deal like this, you may want to run it through several brokers to see if they have any options for you. 

@Abe B.Baseline is a great option.

After looking into their website it sounds like a great option for true passive real estate investing.Here are some key take away from their brochure...- No lockup period- Monthly distributions with no fees- 14 years in the business- Over 2,000 loans originated- Stringent lending process with solid approval guidelines- Promises an 8% hands free return- Combines private cash and IRA investors into a pool for loans- Funds are used by real estate investors to buy and rehab distressed properties which are insured and liens have appropriate title insuranceThey have 300+ inventors, closed 2,000+ loans, $550m+, and 0 loser since 2008 when they opened.

While the property itself shows positive signs, such as being valued above the purchase price and fitting the 1% rule, it's essential to reassess the deal considering the increased costs, delays, and loan limitations.Explore loan options with traditional lenders in Pittsburgh.

Web based lead generation is your best option. 

I will definitely be looking at good options and seeing if I can do this.

Another option if this is strictly for investment purposes, you could try to go DSCR. we have one lender that will allow for 1-4 units (inv. prop solely) who will go as low as 620 fico, but your LTV may be limited to, say, 70%. qualifying would be based on the rents received, not off your $100k income. there are options out there, keep working at it and get a 2nd opinion even on a full-doc loan. hope this was helpful to some degree!

I talk with many CA investors that are just ready to leave with the equity and move to a more landlord friendly state like Nevada.Talk to a CPA and a QI about options for the exchange.