Too many variable costs with outrageous spikes - insurance, assessments, and high hurricane deductibles.

In California it depends an a few variables.

FHA multi-family is one i dont even bother trying to tell someone if they qualify or not until i see the numbers on the subject property in question. there are too many variables to consider which are property specific. for example: what are the current tenants paying? 

Thank you, the easement is to a C3 zoned corner lot .48 acres for variable width drainage and electrical; in the lot just next to it there is a retail center with parking in easement (shown in pic below); 'd like to build a 7000 sqft retail center in 20,950 sqft lot; i'll check with city, 7k is already too tight for a 21k sqft lot, if parking is also not permitted in easements i don't think its possible to build, trying to get second opinion...

There’s a bunch of variables that really depend on the municipality.

HELOC: 7% variable rate, 20 year pay period3. 401k Loan: 6.5% fixed rate, max 5 years. 401k investments are mostly index funds and such. 4.5% employer match.

I recommend you do this each year to adjust for utility increases and other variables.

Keep in mind that the rate will be high - maybe 7% right now, and will be variable - probably OK as the FED is predicted to raise rates one more time and then slow down.

(about 215k)-Unlisted Sale Price: 600k (buyer pays all closing costs)-Outstanding Loan: 175k (Seller A has been paying this alone since the inheritance, about Aug '22)-Current Mortgage: 1650/Month (with PITI) on a Variable Rate product through Fargo-Home needs rehab estimating 75k-Current Comps show an estimates value after repair of $800k, conservatively. 

Often, there are self-employed loans that will require only a 10% down payment, but as with all lending, his terms will most likely improve with the greater down payment he is willing to make.In short, your friends' situation is very possible to get great financing for, but it's probably the most "complex" type of scenario to give immediate quotes for, as there are so many variables that depend on what actually shows up on his documentation.