Wasn't sure how to word the title, but here are the details.I have a contract with a landowner to use his existing dock on a public waterway.

If you're planning to get another traditional mortgage for a new property in the near future, you'll want to consider the impacts your tax return/reported income will have on qualifying. 

(Mortgage balance or profit amount don’t matter.).

While I do not believe we have seen the last of the foreclosures, as I recently heard that 60% of multifamily bridge loans nationwide are not paying their mortgage, I am skeptical on whether or not we will see a massive fire sale of multifamily properties.

I wasn’t able to afford the mortgage during my college days so I built a 650 dollar apartment in the attic and rented out the house to cover the mortgage.

I would be living in the house with 2 other roommates to hopefully offset the mortgage and other expenses.

First time poster here and new investor, appreciating any advice in this new and scary world.My project, a conversion of a single family unit to a multi-family unit, is delayed by about 5 months. 2 months of the delay is due to my mortgage company.My original mortgage company transferred the mortgage to a different mortgage company early on, and did not give me the required 15/30 day notice.

HELOCs for investments are a pain because there does not exist a DSCR underwrite much like a cash-out refinance. 

It would convert the existing structure from a 2 bed 1 bath, to a 4 bed 2.5 bath, adding an additional 2000 square feet of space.  

So get a service that will make sure that there are enough funds to be transferred to paying for the seller's mortgage.