Don’t rule out anything until you take a step back and look for a potentially alternative idea to a traditional method.

I did not follow through with traditional financing because 75% of income is derived from a monthly military benefit and my business partner is a travel nurse/ contract worker so her W-2's don't reflect her true income.

Most direct answer, if you live in Tennessee and are buying a SFH, and are willing to personally come to California on vacation once a year (such as when the short term rental isn't occupied by others on vacation who are paying you for the privilege), 2nd homes can be acquired at 90% LTV.Checklist here: https://selling-guide.fanniema...But, for a traditional long term rental, if that is your intent in your heart of hearts when you sit across from the notary who will take your fingerprints, no there are not.

Hi Biggerpockets, I recently had a tenant that caused a fire by knowingly leaving their apartment while she had items on the stove with the burners on.

If they owed you $15K in rent, then the deposit is yours.Your response to give them an itemized list and your reply (have your lawyer contact ours) is perfect.

I would say that it is possible that you can get higher rents than that but while tenants live in a construction zone they won’t be happy and it’ll eat into your piece of mind as well since they’ll be requesting different items along the way to help deal with ‘being put out’.

The items addressed might include any of the provisions discussed above, including provisions for leasing the property during the parking period, any fees charged by the EAT, reciprocal puts and calls, or any other provision.Note: In Rev.

There is a give and take with this.You could consider putting it in a high-yield savings account that offers a higher interest rate than traditional savings.

Although the rates are little higher and you’ll have to pay usually 1-3 points they close extremely quicker than a traditional bank so that helps when making offers on properties.

Be very professional in your presentation of the information and avoid trying to influence or oversell items.