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If I got no additional rent, that leaves me about 18K out of pocket (in previous years it has been closer to 15k out of pocket not considering what is saves me on my taxes).

In addition, he had a second loan (100% financing) held by the same bank.

Hi Tom,There is less risk to a lender if you are only paying off an existing listing versus taking out additional cash.A high note would not justify a higher value.

Does anyone offer cleaning/laundry services to their tenants for an additional fee per month/per load?

(additionally if you are doing a lot of marketing, you will get a hold of some houses that you might just wholesale or even be able to retail out now- that is if anyone could get a loan :cry: )Additionally some of these folks may cash out before 5 years.

That would give posters additional insight and possibly lead to other responses from people in your area with suggestions.

I feel like my friend is owed something for his struggle (negligent architect/city losing plans/paying additional fees for new plans) to attain this simple permit.7.

Tell them you expect their fully cooperation so that you can hopefully have it re-rented starting Nov 1 so they won't owe you any additional rent.

I then went to Bank of America for a LOC so I could use the cash to purchase additional properties.