I’m committed to making this deal work with this specific loan product.

If the broker tells you they "wont ask about who's renting" and you sign a statement to the effect above, youre committing mortgage fraud.

They just want to convey the basic reason the exemption exists at all. 

Hey All,Arvada is proposing updates to its short-term rental rules, and the biggest change is Only ONE STR license per person would be allowed (down from up to three today).This would apply regardless of whether the property is owner-occupied or not, with a phase-down period for existing owners.This could significantly impact small investors who own multiple STRs in Arvada or were planning to scale.For operators with multiple STRs today in Arvada or other states, what’s the cleanest way you’d unwind or reposition properties under a one-license cap??

In November, the company announced A220 aircraft assembly is planned to start in 2019, using a combination of the existing and expanded Airbus facilities at Brookley.

@Shalom Yusufov is one of them.Lenders will still require the deal to be in contract before underwriting and issuing a funding commitment.

Even if you 1031 you carry over your existing capital basis, so you aren't getting as much depreciation as you think. with the limited detail, I suggest you keep the existing home, do a cash-out refi and buy another property or invest the funds in equities until you are ready to buy another property. depreciation on the new property, along with interest deductions on new loan should shield your rental income from taxes.

Hi Alan,Thanks for the advice — totally agree that jumping into unknown markets without knowledge is expensive mistake #1.That's why I'm taking it slow: researching, talking to locals, looking at branded projects with management companies, and doing due diligence before committing anything.Appreciate the warning — it's a good reminder to stay cautious.

You can also ask the seller for only what already exists, framed as a quick handoff rather than a demand.

This actually adds you to the vendors insurance policy, whereas an insurance certificate only provides proof that coverage exists.