That is not a price point I would raise the price regardless of circumstances. 

BTW, there were extenuating circumstances that prompted this price and fast sale.

No problem and unfortunately I’m happy to share.

The lower LTV, gets me the Fannie and Freddie lenders and the great rate...the rates were in the 3.88-5%+ range as soon as the LTV gets over 55%Because of the building location in the heart of Hollywood, CA it will continue to appreciate and is a pretty safe hold, but, because of personal family circumstances I would probably hold for 10 years, even without the refi.

Under most circumstances, @Blake Harris, you must take occupancy within 60 days of closing when using a FHA loan.

However, the new ADU laws in California that went into effect Jan 1 2020 may provide a loophole.As I understand the laws, they say that the city cannot use lot coverage to prevent you from building an ADU under certain circumstances, therefore I wonder if I could do the following:STEP #1: Convert two garages into uncovered carports, causing them to be removed from the lot coverage and bringing our lot coverage well below 45%.

You will never get the answer unfortunately.

unfortunately there are a lot of us in this situation. 

If your situation falls under a different set of circumstances, I’d love to hear it and offer my thoughts on it.This really could boil down to the impact COVID-19 is having on the mortgage industry.

The credit card company sent a query and the appraisal company lied to them saying that we had signed an agreement no to charge back the fee under any circumstance.