Many of my deals are flippers who struggled to sell and then decide to hold and refinance, and I've never had a lender have an issue with it being on the market recently.I do have one lender that if it were listed for sale in the last 6 months, the list price is the max value they'd go off of.

Understanding local regulations and zoning laws is crucial to avoid legal issues.

How does this work legally?

What I am seeing around with occupancy is two facets, the legal IRS/fannie mae/freddie mac rules and also the intent.

They had been transparent about their issues during our showing and explained that they really wanted the schools but had several rejections already.

My issues is that I believe that more days than not will be block as individual units.

Our work was inspected and they did not give any indication that the work done was the issue.

However, it is crucial to consult with a tax professional or legal advisor to ensure that you are following all laws and regulations regarding depreciation and ownership transfers.

Additional questions are regarding the legal process: Do I need an attorney?

DSCR loans are loans issued by private lenders with proprietary and differentiated rules and guidelines and are typically included in “non-QM” securitizations.The advantage of conventional refinance loans is that they typically have the lowest interest rates and fees.