As we all know, this affordability crisis is making it difficult for first time home buyers (such as myself) to get into the market.

That gives him three months to find gainful employment and ensure he can afford future months, and it gives me a double deposit in case it doesn't work out and I have to evict or something. 

You think that the properties in Florida will continue to appreciate and I am seeing that we have reached a plateau in price with the ability of First Time Home Buyers to afford a house in Tampa.

The goal is to make good affordable apartment in a good city.

With 13% appreciation in 2020, and rent rates that vastly exceed a mortgage payment, if you can afford to buy, you should. 

I can't pretend to understand why a bank will refinance my purchase once I own a property, but they won't finance before I own it, yet that's been the case every time.If you want to buy property without a bank because you have cash on hand, find properties that you can afford with the cash you have or can raise privately.

There are many reasons for this - real property will almost never fall to zero, cash-flowing assets that also appreciate are ideal for both income and wealth-building, and there are many tax advantages afforded to real estate investors that aren't available with investments like stocks and mutual funds.

So much frustration could have been saved.Good Luck!

I'm frustrated because I feel like they should be able to tell me what my options are and fully explain the process.1) If refinancing a property owned by an LLC is it a commercial loan?

But overall I will say this that there is growing frustration with ABB, the quality of service (or lack thereof), higher fees and rising costs of renting an ABB.