When someone presents to "tap" Private-$ we want to do as little thinking as humanly possible, that's to say the burden is on you the proposed borrower to present a complete, detailed "pitch" outlining the allocation of every cent, contingencies, time-lines, data supporting each action item.

There has been a tremendous amount of support and people coming into the area to help rebuild.  

Options include:Renovation Loan (FHA 203(k) or Fannie Mae HomeStyle) to cover both home purchase and ADU construction.HELOC or Cash-Out Refinance if you have equity in your home.Construction Loan specifically for building the ADU.This post does not create a CPA-Client relationship.

Each time I try and run my numbers for a cash-out refinance, the numbers don't make sense. 

I can buy literally anything with cash.

Asked him if they'd entertain an offer around $285,000 cash or if it was a waste of time.

I am considering doing a cash-out refi but I don't want to leverage more than 50% of the property.  

Specifically interested in buy and hold SF or MF properties with a focus on cash flow. 

The plain language of the statute, the legislative history, and our state's important policy of providing protection for low-income tenants all support the conclusion that the statute encompasses Section 8 vouchers.

As you know, that's not a way to maximize value, cash flow, or return on time