My plan was to rehab small cosmetic fixes then refinance in about a year because I will be living in it, the bank is saying I should qualify for a loan that basically pays for the whole down payment, anyways I was listening to a recent podcast on BRRR and they said it’s usually with a personal line of credit, so is it possible to BRRR with first time home buyers program?

@Andrew Schrader  Reading between the lines, a plex that is not owner occupied means they are likely putting 25% down. 

On the license application, there is a line item called "Conversion Fee: $750 (if applicable)". 

This made most land lords adjust rents in line with this.

Of course, I'd always like to make a deal happen, but at the very least, I figure there may be another opportunity for me down the line if I have provided good service. :-) Good luck!

In our case, it's also nice to have a secondary voice (good cop/bad cop as mentioned above) because sometimes the first one is towing the line and the tenant just needs someone to hear their story and wants help.

Our idea so far is a sort of poison pill clause that "if one tenant moves out, landlord reserves the right to cancel or renegotiate the lease" or something along those lines.

This line of questions.... at the end of the day, it's going to be one of the following to get the exact same information:- 6 months of internet research.- 30 minutes on the phone with a good local lender.I think we both know your next step. :)

Account ClosedWithout reading your agreement specifically we are all assuming here, But for the sale of conversation here, assuming your agreement is similar to the one I use with clients then YES your agent is entitled to a commission for ANY property you buy within that county that is written in the blank line there.

Pay your bills on time and pay down any credit card debit, any credit accounts where the balance is 50% or more of the credit line hurts your credit.