The home can have up to THREE extra Units - but if it does have more than two, there will be a self-sufficiency test whereby your mortgage would need to be 100% covered within 75% of appraised rents from those other Units.

There are three questions that I am trying to get some more clarity or at least find some good resource to start learning more about:1.

I am currunetly booked right now to go attend the austin real estate training seminar I'm looking for someone to go with me thats wants to learnThe toal cost of the tickets was 197 IK already paid 100 but i still owe them one hundred more so I'm looking for a partner to pay the other hundred this is a three day seminar the first day is finding the properties the second day is funding and the last day is selling so I know its gonna be awesomeHit me up by 2/2 so i can get your name and email and get you signed up

John, because of the rural nature of the Lakes Region, I think you'll find that it's difficult to form a group that is sustainable with sufficient attendance. 

But perhaps it is better to purchase the home outright to avoid the interest that comes with a mortgage.We also currently have two mortgages and will be buying a primary residence in another three years.  

The other three units are 2- 1/1 ($875 ea) and 1 efficiency at $875.

Hello, I am a Realtor in Nebraska so I can't speak directly about California, however the way we handle clients of any kind is to have them 'shop' two or three lenders of their choice. 

Typical commercial lending is LTV 70-75%always an ARM, like 20 due in 10 (or even 5)property self-sufficient (aka DSCR 1.1 - 1.3 depending upon the lender)with an NOI that supports reserves 10%, vacancies of 12%1/2 year prepaid taxes AND insurance (last parts of PITI)Your personal credit should not be part of the qualification process.

If they don't want to be a landlord and/or the property doesn't command sufficient rental income to make it work, they might be compelled to sell ASAP.Given that most VA loans are 0% down, and that active duty have ZERO control over when they get those PCS orders and must sell, an otherwise trivial 2% temporary market down-turn can mean you have to come in with money just to sell your home!

Here are your choices:A) FED will raise rates once in March, 2016B) FED will raise rates twice in March and June 2016.C) FED will raise rates three times in March, June, and September 2016D) FED will raise rates once in March, once in June, and revert back to QE4 in the second half of the yearE) FED will not raise rates at all in 2016Love to hear what you guys think.