But the issue is I am carrying too much PM debt, so to get a favorable bank rate 5-5.5% today, I need to lower the LTV, the investors purpose is lower what bank see's as secured debt. so it can loan 60-70% on AS IS value $4M, even though my cash flow services $350,000 annually.

At least in my area, the advantage comes because of a favorable rent/price ratio.Now, of course none of this discussion factors in appreciation over the long term...so for total-return investors SFHs might have an advantage.

I hope i can return the favor soon.Leo

It seems most of the City's program's are extremely favorable to those who will owner-occupy, so why not look into it.

Do yourself the favor and tear it out.I've never had mold come back after I did the remediation.

Here is my take:First, it is my understanding that once a trustee deed is issued and recorded there creates a conclusive presumption of validity of the sale in favor of the bona fide purchaser.

If a higher income has been received for 12 consecutive months the higher income could be used, otherwise gross income would be averaged for 24 months.Compensating factors and exceptions:One exception being for buyers getting off active duty military service within the past 12 months, a current HUD verification of employment, showing favorable probability of employment with a pay rate stated would qualify at that income level.

You could potentially get a $250K loan, put $25-30K in your pocket, and lower your PITI to $1,500 or less.I would pay the minimum on the student loan debt, and do everything you can budget wise to free up funds for investing.Couple of points on your buy-rehab-rent-refi plan:* If you use funding from your parents, which is perfectly reasonable, it is critical to record a mortgage in their favor, along with executing a note.

I am no tax expert but I believe the write-offs for such a plan are favorable.

Besides area another way to acquire favorable return properties is not follow the pack.