I agree—most of these individuals aren’t paying taxes and aren’t typically aiming to own the property.

Either choice you make will be a good one.

Hi Sarah, i went to petscreening.com but it seems to only apply for property management companies, I'm a small individual landlord, do you know what proof i can ask from tenants?

was it poor choice of notes.. or do you think it was straight up stealing money from their investors ?  

We have been in contact with other individuals throughout the state and they are all saying the same thing – prices are down, time to fill units is up, and evictions are up.

Investors need to do a thorough background check on the key INDIVIDUALS that they would be relying on to invest and manage their money.  

There are lenders who can do a cash out refinance for the new appraised value after three months so it can be a good choice for an investor who's doing a BRRRR.These loans can work for investment properties that are long term rentals, short term rentals, non warrantable condos and condotels.

As the great philosopher once said, "mo' money, mo' problems".I think the reduced leverage plan is a good choice to free up some DTI but obviously the extra fees on DSCR could start to add up a little.

Ever wondered if single-family or multifamily is the smarter choice for building your rental portfolio?

If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.