Most likely a duplex that I rent out by the room while living in one unit.Sounds like a smart decision!

If a lender is telling you "no"...then go to a different lender.  

A seller who needs to unload a property with violations is usually in a weak position, and buyers who understand NYC’s compliance system can leverage these problems to their advantage.A property with an open permit, a Stop Work Order, a Vacate Order, or a Work Without a Permit violation often means fewer competing buyers, stronger negotiating power, and the possibility of structuring escrow agreements to address the issue after closing.

We're currently working on a live-in flip and for a few reasons, we're planning to refinance sooner than planned.

I'm going to direct message you a link to our pricing engine where you can get dialed in rates/terms/fees with just a few clicks for a cash out refi. 

All of that work in order to find a property with a little cash flow and modest appreciation is not a good use of your time. 

All for a single property...It's a lot of work...for what kind of return?

   I will be acquiring a loan to purchase a single family residence in South Carolina.

If a property owner stops paying on a note the lender just “takes” the property3.

Here are a few ideas:1.