If it’s Kennedy funding or a similar company be extremely cautious.  

This tenant complains that the bill is extremely high. 

When I worked with them, they were extremely reasonable with their borrowers when credit was not available to figure out working solutions, which steamed from the due diligence and experience they did on the borrowers.Corey Dutton, DFA does not prevent HML on primary residence, it does put rules around loans as they relate to primary residence.

This scenario is extremely common and while I exaggerated numbers for effect, I have had this conversation with clients and their CPAs and the client is usually surprised when you put the numbers on paper. 

When doing BRRRRs OOS, having the right team in place is vital.

I did speak directly to several long term investors and they thought it was extreme too. 

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.PM us if you’d like to discuss this logical approach in greater detail!

Extremely Grateful!

Piercing the Corporate Veil is extremely easy here.

Take rent/2 - p&i to get quick (but not extremely accurate) realistic cash flow.