Are you looking for lowest payment possible and maybe an interest only or variable rate (but that has higher risk).Once you define what it is you need, then you should start speaking with lenders and ask them what types of products they have for what it is you need.If it is a traditional lender and they are licensed through the nmls (google nmls consumer access to find them), then that means they have been vetted.Note that most lenders DO NOT keep their loans and they get sold, so age of company is usually not important, experience of originator would be more priority for me

@Forest WuCheck out some of the great things happening in Detroit in 2024https://michiganchronicle.com/2024/01/03/major-developments-that-will-define-detroit-in-2024/We've also got a breakdown of the 178 City of Detroit Neighborhoods by Property Class, so you know what you're investing in.What else can we assist with?

If you can get a good property right now, you definately could get it rented right away.

You can keep learning here.Generally speaking there are 2 main types of loans for investors: “Conventional” and “Portfolio”Conventional - I'll define these as loans that come from Fannie Mae and Freddie Mac (if you recognize those names).

However, I will say that it's hard to define the 'average' person in LA and SF.

So, all in all, it is very similar to what yours would be with an ADU, and that one is getting a total of $5,300/mth for both units (keep in mind that house's 3rd bedroom or office potential).Looking at Pasadena's STR rules, it appears the property has to be a "primary residence" of the host, defined as where they reside at least 9 months per year.

The key is in the interpretation of the passive income rules and guidelines which define what is a REP (real estate professional), as it relates to this space.I am looking for:1.

Whether your objective is to generate rental income, create equity, or both, having well-defined goals can help you make informed decisions.Analyse your income, savings, and possible down payment in relation to your present financial status.

ESA is an interesting topic because there is not much case law on the topic and nobody wants to be the first to go to court.FORM TO REQUEST AN ASSISTANCE ANIMALWe are committed to granting reasonable accommodations when necessary to afford persons with disabilities the equal opportunity to use and enjoy our rental properties.Under the Fair Housing Act, a person with a disability is defined as a person who has a physical or mental impairment that substantially limits one or more major life activities.

Creating standards to get rid of bleeding heart syndrome…As we continued to work through our renovation standards, we began to define our leasing standards.