I would guess 15-20% down payment would be required.

You do need to have everything that is charged for itemized and  send that letter showing deductions within the time frame required by your state.

We have lenders that allow you to defer payments during rehab faze so you dont have to make payments but most lenders do require IO payments. 

Hi all, I'm curious to hear your thoughts about the new requirements for taller, older FL buildings.

I think they recently lowered the down payment requirements for owner-occupied multi fams.  

It seems like "most" lenders (at least the ones I've talked to) don't like the idea of rent-by-the room on a primary ... so they can't count my income on that particular property and they are requiring a 1 year lease on the whole house instead of multiple mid-term leases ... so essentially they want a long term lease.

Despite having obtained a permit from the HOA, it has been revealed that the proper procedure required obtaining a permit from the Florida State prior to seeking HOA approval. 

No seasoning will require that you did rehab.

Might be worth checking out some online reviews before diving in.

That requires guidanceIf you are a lender, the worst loan you can make is in second position on an over leveraged Subject To for someone who has no money.