@Jason DiClemente - In general what are the guidelines and typical amount for those?

I want the appreciation play and if you study the trends carefully it is not gambling just like the last 6-7 years .

You also might check with your lender as the guidelines recently changed for conventional and you could potentially do 5% down on a 3 or 4 unit! 

He has been a big help and has great info out on his youtube channel: one rental at a timeI would post his email and phone number but that wouldn't be within "post guidelines"...

They have a set of terms, fees and guidelines that are agreed upon before any funds are issued.

I wouldn't want to gamble on a foundation and end up spending tens of thousands to fix it that was not expected.

Fannie Mae's guidelines are generally silent on the issue of subletting.

You're lender can confirm you meet requirements for refi4. 75% is fannie mae guidelines for investment property.

They're just a lot tighter with guidelines and have more overlays than your smaller lenders.If you cancel now you'll be out your appraisal money, but in terms of time as long as you find a good lender you may even close sooner than with Citi.

Most sellers will negotiate to appraisal price, since they risk leaving the deal to find a cash buyer or another buyer, with the gamble of a second appraisal coming in different.