Landlords in New Jersey cannot even decline a tenant due to Section 8 as a violation of anti-discrimination laws per Appellate Division:Franklin Tower One, L.L.C. v.

Your property tax will be higher than what the seller is currently paying (unless the property is declining in value).

Are these type of little to no doc products getting more common again?

I declined the request with a message that I cannot accept the alteration request as it is too close to those unspent nights.

Its a product we offer, just doesn't get a lot of play, because its a pain to refinance that seller out down the road.

I am no longer auto-declining people due to the sub-600 scores, rather allotting a lower "point value" based on the lower ranges in our objective screening process. 

A DSCR product is what you are looking for.DSCR simply doesn't take into account your personal income, instead we qualify the loan on the properties rental income (or projected rental income).Your credit, properties cashflow, loan to value & prepayment penalty are going to be the main determinants on what this loan looks like for you.

Thank You We have a product that we fund out of our balance sheet with no seasoning for cash out.

It’s important to make sure the lender offers both options so you can transition smoothly if you go with the BRRRR method.Cash Purchase & Mortgage Later: Yes, non-QM lenders offer a product called "delayed financing," which allows you to buy a property with cash and refinance later.

Yep, you can use a product like a debt service loan to close in an LLC. 2.