If you are providing any portion of the down payment, that will need to be disclosed on the credit partners loan application.

If I were to lose a significant portion of my cash-flow at some point a few months out (but still have more than enough to pay mortgages) is there any chance the bank would call the note?

What are your thoughts on that portion of it?

In the southwest they have lots of metal cutouts for decoration.Benches or planters under the front windows where the rails are not.Maybe a porch swing in front of the windows on the no-used portion of the deck.The inside staging looks nice, have the person who did that give you some thoughts on the outside.

The bank will have a lien on that property and the sale will only give the buyer clear title once removed.If it's just a HELOC for a small portion of the value, the bank has no motive to make a deal on this.So yes, of course you'll be required to pay it off, I doubt they'll deal.

Targeting a narrow portion of the market for your exits comes with heightened risk for the spec.

(just had to pass law portion) In NY had to take course.

Hi Rachel,My wife is in lending so I asked her.Yes, you will be able to get an FHA loan if you'll be living in the property, but on an FHA loan when financing a 3-4 unit property only a portion of the other units, typically 85-90%, can be used to cover the PITI.

Ownership is equal to portion of investment, so 50% each in your case.

But what if that 17k is immediately fed back into the business, for instance as a portion of a down payment on a buy and hold?