Problem is, the lenders my Realtor has done business with will not do a loan for a studio.

So my disneyland days are in the rear view mirror and how a normal working class family affords those trips is mystery to me unless they take out a loan :) .

It's important to maintain detailed records of these expenses.Non-Qualified Expenditures: As mentioned, there are certain costs that do not qualify for the credit, such as acquisition costs, interest on rehabilitation loans, landscaping, sidewalks, and parking lots.

@Daniel Loane - who told you that you can't submit the rental registration?

The comps are between $118-$141/sqft, but it was purchased at $148/sqft.The loan is assumable at 2.75% rate ($139,383 principal remaining) but will cost $900 application fee and  between 1-5% of purchase price (assuming 2.5%).

Or, would it be easier to start off as a hard money loan rep?

Some banks may only loan based on the value of the land.  

I do not rent out the unit.I am interested in getting a home equity loan or HELOC to tap out on my equity.

The loan will be due end of the 5th year.

Looking to collaborate with a few lenders on loans in the GA area.