We love the school district and the distance from my natural hair studio that I opened in central phoenix about a year ago.

In the US, we tend to avoid using new builds for rentals because they are more expensive than currently existing houses.

I am in contract and sign the first of next month.My concern is that the banker is telling me the underwriter may not approve the loan because the units are to similar and they will feel I’m only saying I’ll occupy the other unit to avoid the invester fees.

I have an investor that owns a 2 acre parcel of land near the attractions in the Disney area of Central Florida. 

Avoiding rental income to take advantage of refinance income?

@kevinpolite It's in okay condition, it's centralized heating and air, there are tenants currently in it; Just needs mainly a cosmetic lift.

Do you avoid them because they potentially degrade your trade, are you impartial to them, or are you big fans? 

I am curious to see if the flippers here think it is worth it to make sure everything is done right to avoid wasting time negotiating credits in escrow or if you think you should do what you can to limit expenses?

I am wondering if anyone knows of any good REI masterminds or meetups in North Central Phoenix.

A loan greater than the property value can be risky, if nothing goes wrong everything is fine.If the money is going through a title company (a good idea) the money will be distributed to the owner of the security property, likely the LLC in this case.The borrower/property owner should be LLC to avoid being a consumer loan.