The most relevant changes are:• Requires every lender to consider the borrower’s ability to repay the loan• Requires that lenders consider at least 8 factors applied against reasonable underwriting guidelines• The Lender must write a “qualified loan”• Requires lenders to wait at least 120 days of delinquency before foreclosing• Dodd-Frank combined with the SAFE Act in the various states, will require all owner finance transactions (except the exceptions) to be originated by a Residential Mortgage Loan Originator • Prohibits builders from selling with owner financing• Eliminates balloons and negative amortizing loans and requires fixed rates for 5 years with no prepayment penalties• Sellers who sell with owner financing more than 3 times a year will become mortgage originators and must comply with Dodd-Frank• No forced arbitration clause is allowed in the buyer’s note III.

The PITI is $900 and their combined rent is $945.

Combine that with a $25 - $30k per unit rehab and you are talking about an additional $250k investment so you gotta have a fair amount of cash. 

So, this is more of a fix-and-flip model (I have a full-time W2 job)...My terms are a combined 80% LTV on primary residence and 75% LTV (purchase price) on investment with the option of a add-on rehab loan that works on a draw schedule.

The lender will look more at the property, the liquidity and combined net worth of all the partners buying and reserves left after down payment.  

I am debating between SFR and Multi ,what are the advantages and disadvantages in each as a low budget-first time buyer.I want to purchase my first property, and I wouldn't mind combining it as an owner occupied property.Interested in Los Angeles area since I am working here, can do some renovations, and manage the property myself.The budget is roughly 150,000-350,000Please adviseThank you !

However, it would be a great turn of events if the combination of the two would allow combined resources to produce a better algorithm to formulate a more accurate price range.  

That combined with low interest rates and it becomes a hugely dominated seller's market.  

IMHO you could not do a lease/purchase because that involves a lease in combination with an option to purchase.  

Wouldn't you want a primer on a combination of old paint and bare wood?