With bigger unit numbers, you shorten the time to reach your goals.The most important step in this whole process is to put a very specific achievable goal: example, “ I want to make $ X a month to replace my income”.As far as commercial loans: there are two types, recourse and non-recourse.Recourse loans are generally bank loans, that put you personally on the hook.

The action to recover the money is a foreclosure depending on what state, it can be judicial or non judicial.

What are the pros and cons of being a non-occupying  co-borrower?

Does it apply to non-owner occupied/investment properties as well? 

These (not the counters) will probably last 50-100 years and could last forever.Home Depot/Menards/Lowes cabs (off-the-shelf oak-faced w/ particle board sides and backs) would have been about $1500-$1800 unfinished, uninstalled, without any soft-close stuff, and I would have had to fit stock sizes in a non-standard space.

I have one rental property and I'd like to get a HELOC to access the equity to buy my next property. I'm trying to find the highest CLTV for a HELOC on the property. Any recommendations? The property is in Utah and I'...

This can be looked up on Freddie Mac’s website; http://www.freddiemac.com/homepossible/eligibility.htmlMay NOT own other residential propertyMI insurance when greater than 80% LTVMax loan amount - conforming limits (super conforming allowed on SFR only) Non- occupying co-borrowers are not allowed with this program

With it being a non-disclosure state, how do you get accurate comps for buy and holds?

With Vacancy of 8%, Repairs of 8%, CapX of 10%, insurance of 11%, and property taxes of 11% you have 48% in non-mortgage related expenses, which would be $348/month (725 * 48%) PLUS mortgage/taxes/PMI of $384 as stated in your calc, that brings your total costs to $732, putting you at a negative $7/month in cash flow.

probably about right for cash out.. and non owner occ. ?