I don't have any direct experience with this, but I have some very good bankers, but when something is a little outside the box, the loan officer gets it but lets me know that it throws up flags in the approval process.

@John Walter With the right 203k team members (REALTOR, Lender, HUD approved FHA 203k Consultant, and Certified 203k Contractor), you can close 203k loans in 45 days and avoid many problems that some people experience with rehab loans. 203k Loans are FHA loans and require the primary borrower to reside in the property as their primary residence for a minimum of 1 year.

Wednesday came, sheriff had to get approval from judge to serve (due to corona concerns, etc).

I’m dealing with city on a multi family and parking requirements and setbacks of structure all have to be addressed just to get approved .

Hello Jared,Lenders themselves have kept the ball rolling pretty well with respect to issuing pre-approval letters and ordering appraisals.

Yes, connecting to the sewer sounds like the better option, but they have not approved this yet.

They'll be able to get you pre-approved so you know how much house you can afford.

As a Landlord or property manager, is it okay to approve a repair crew to enter another unit and cut through that unit’s wall to fix a leak in the adjacent unit’s leaking pipe?

Instead, look at the free software called Stessa.Run your plans by your CPA before implementing them and make sure he approves.

Due to the certainty that losses are almost certain for any landlord right now because of the situation, I think it makes sense to apply for anything you can approval for now because it will take some time to get approved.