Usually these items are negotiated in the purchase agreement, but the Murphy bed situation isn't so cut and dry.

Especially if you can't depend on using the 2000's "greater fool" theory.Don't forget about shared driveways.  .......another page on that .....Lastly, even if it 100% your property, Nashua does not take kindly to inventing new "curb cuts" or driveway or blocking the sidewalk or the City's / public works / utilities easement on to your property,  This applies  whether you live on a $700k Tanglewood Tree street or $150k Morgan street.  

If the property is owned less than 12 monthsWill lend up to 80% of the original purchase price and rehab amount if material improvements to the property have been made.Will lend on the original purchase price if the property has not been materially improved"I think you're right though, they may cut the ltv to 70 and not care too much.There are other lenders that have long term financing without seasoning, is generally easy to qualify (many don't have any income requirements) and have reasonable ltv's, but they are not cheap in rate or points@Andrew Hunt PM me and I'll point you in the right direction given your circumstances.Stephanie

I am going to be applying for a home equity loan but my debt to income ratio is cutting it pretty close....

Eveyone cuts there grass.

My three all involve knowledge:1 - Market Analysi2 - How Money Works3 - REI/Business PlanI describe them as 3 equal pieces in a pie...with no cuts in the pie.

Once you do that you can then begin to invest anywhere in the country that makes scenes, possibly back in Wilmington NC.Time for you to cut your apron strings, if that is why you are living and working where you are, and join the real world.

It feels like no matter what I do I can't cut into the principal.

I'd assume some brokerages would be perfectly fine with having us under their wing if they got some % cut of the buyers' commission and don't have to do much of anything.  

If not that will cut into cashflow.