Lender will payoff $180k balance on existing mortgage amd you get $60k in hand essentially.  

the 3 days is essentially a sales pitch with weaved information about how to use a tax lien as an acquisition strategy for fix and flip, etc. 

That being said, I’m changing regions and opening a branch in Orlando, FL where I’ll be essentially building a new book while expanding the company.

Financed at 80% the other 20% ($140K) came from HELOC's on past deals essentially putting us in at no money down.

Financed at 80% the other 20% ($140K) came from HELOC's on past deals essentially putting us in at no money down.

Very flexible.After or instead of Roths if you dont have extra money after cutting out all non-essentials, do RE if you're ready. 

Is it essentially just the prevention of being penalized if I were to refi from that originating loan?

Essentially, FHA is stricter when it comes to 3-4units, and they want to ensure that 75% of the income will be more than the monthly mortgage payment. 

Ask questions like will you pay a cap to your broker in both states, what is each cap, is there an extra brand fee (sorry I don't remember what the official term is for this, but some brokerages charge 6% more) and is this extra fee for each state essentially doubling your expense?

When you own duplex / twin homes, that is essentially the same as SFH.