FNMA guidelines do not provide for a seller-carried second as a way around CLTV.

@Tyler Sawyer I don't think being new to this that you want to gamble with what the markets are going to do.

@Ryan KeenanSome lenders have overlays (more strict criteria than Fannie Mae and Freddie Mac - who set the conventional guidelines) Fannie Mae allows you to cash out if you have up to 10 financed properties.

This is a conventional guideline. 

We now have much tough guidelines than when we jumped in.  

The interest rate, points and risk just aren't worth it to a HML if they need to foreclose on the property even though you would be within their lending guidelines (75% ARV).

Feasibility study has been done and there is need for more storage in the area.Are there any general guidelines when establishing a value in this scenario?

This is the primary reason for setting guidelines like the 1%.  

Ok I need some help if anyone knows information, I’m really in a bind with this one. Situation is I’m from Hawaii got a 6 unit on seller financing terms. Seller is also my property manager on property. I’m getting cra...

@Luis JarquinThe percent rule is just a guideline.