I agree that the LTV cap of 70% could be higher.

Probably shoulda made it even higher.)

The only waiting periods you would encounter are for cash out refinances, or refinancing and trying to use a higher valuation.

One of the main advantages I see would be that I could have say 4 properties if I could find 75% financing and achieve a higher return (I am looking a long term wealth compared to current cash flow) AND I would have quadruple the appreciation.From a legal perspective, I will let others chime in.

@Jon Klaus , I suspect what happened is they had a much higher number due, and they underpaid by 8cents.

It will be some time before attorneys can determine the scope of compensating factors for qualified mortgages or higher priced loans.

Higher loans amounts, more inventory, less foreign investors etc.

If you don't have good egress and have to get it water proof (my basement takes on water every year, we just have our storage boxes on short stilts, as it was way too expensive to fix the problem), it's probably not worth the effort to finish the basement.For rental comps, you could start monitoring Craigslist in the areas you like weekly and putting the data in Excel so that you have higher quality comp data than what is on Craigslist right now.

For example, some property investors use a quick close to help negotiate a low price; to these borrowers the ability to make a decision quickly and fund quickly is of paramount importance, so that they will pay higher interest rates and fees in exchange for speed.

If you have a policy in place that charges higher rents for older homes that provides an incentive to have newer homes, that might fly as a justification.