Is this a time frame that a bank usually determines is long enough and then will give you a loan against it?

Hello BP Nation,This is not a real estate success story in of itself, however, my path to real estate success helped to enable this great success of my youngest son - Santino Barnard who co-stars in a new TV comedy series premiering tonight, October 16th, 2018 on ABC (channel 7) at 8:30 PM Pacific Time.

You at least need some kind of preapproval, say for a set %LTV, as with a standard loan preapproval.

If you want to transfer to the new entity and get a new loan then yeah it's a sale.

If I borrow against the rental to pay off the primary home loan,  will the new interest on the rental be a justifiable business expense deduction?

Those aren't FHA specific things, those are things that any appraiser on any traditional loan program will likely call out.

While leveraging with loans can raise the potential IRR, it also creates additional risks. 

Or you're looking for a loan roughly in that LTV ballpark?

Needless to say, I messed a lot of things up.Some things I know for next time:-make sure to include security deposits credit and prorated rent credit in the purchase contract-make sure to keep all addendums that may be needed saved on computer for quick access-get all the necessary documentation for rehab funding from the contractor before going into contract on the property (my lender needed his insurance, workers comp, experience, etc. and I was not able to get rehab funded in the loan because the contractor would not send this to me and it was too late for me to find another contractor)-check that title has gotten the documents correct before they are sent over to the seller-take pictures of the house during the walkthrough for insurance purposes-check for flood zone early on -give yourself a realistic timeline for closing-check reviews on title company before choosing oneDoes anyone else have any recommendations? 

I need a recomandation for a bank that provide loans for multi family property.