Originally posted by @Marc Weisi:I recently spoke with my lender about options for obtaining an FHA 203k loan on a multi-family here in NJ.

I'm in a situation where the home I moved into (about 16 months ago) was a new construction in a very new/empty part of the neighborhood, and the appraisal pretty much matched the purchase price... but since then, the neighborhood has filled with new homes with similar or worse specs that are being listed and sold for more than $10-20k+ above that appraisal.So my question then is: when a lender looks at LTV, do they calculate this based on the fair market value as of today, or would they need to use my original appraisal figure?

Originally posted by @Nathan G.

Originally posted by @Miyako Boyer:I am in the process of saving up money.

Originally posted by @Craig Schneider:I owned a couple of properties in Nassau and recently sold them and purchased in Suffolk due to the higher taxes in Nassau.  

Originally posted by @David Cruice:If you didn't break the water meter I don't see why you would be responsible for it. 

CPA's, Tax advisors, Landlords and House Hackers are more than welcome to chime in.Here are the questions:  Since there was an existing system (that will be pumped, crushed, and abandoned), would there be a difference (deduction/depreciation-wise) if this is considered and alteration vs an install?

My previous lender told me Blanket mortgages no longer exist. 

Originally posted by @Neil Schoepp:I'm currently looking at a properties in Greer, SC in the vicinity of the Walmart Super Center off of East Wade Hampton Blvd.

I would be interested in discussing your 'options' for doing one or more "rent to own" lease purchase agreements with existing and future tenants and tenant buyers, particularly since you can also then 'resell' 50% (or up to 3/4, if that's your objective?)