They take it to their bank and set up automatic ACH payments to your bank account.

They acquired another management tool I was using, so I was then migrated automatically.

@Angela DoyleA few things to considerType of wash- I’m guessing these are self serve with the spray want or in bay automatic where there are no employees needed.

I think you may have missed the fact that my current primary would rent for 3800 and the mortgage is currently 6125$ this means I if I turned it into a rental I’d be operating at a loss for a lot of years because that’s a huge gap so you can automatically say that I wouldn’t get any cash flow for probably the first 10 years minimum.

"We've been trying to reach you about your car's extended warranty"98% probability that this is spam from some bait and switch lender who's also buying trigger leads by the metric ton.

They default the automatic renewal to Yes. 

If so, it seems like having a few DSCR loans would make it difficult to qualify for a Heloc on a primary residence or even a car loan, for example. 

Im currently in the car sales industry and doing okay but I know (or heard👨🏽) real wealth is made in real estate, i been intrested in real estate for a while now but always get held back by the time it takes to see nice profits.

In the event that a payment is missed (30 days late for example), the performance deed would automatically return the house to the seller.

The cheapest 3br I can find on Zillow is 1,500$ and rentometer says for my zip code the market rent is $1,8193) I just know he’s been there for 24 years and lives alone, he has two newer cars but I’m not aware of his income situation.