You'll lose rent while property is vacant, and you'll probably have to do more repairs to attract a new tenant than you would to keep the current tenant.Is all that worth requiring a tenant to use one specific payment platform?

You'd need a detailed rehab estimate to confirm if the numbers work for a $360K property with an all-in cost of $420K.

We have specific and unyielding criteria for this, which we provide to all potential borrowers in advance.

In many cases, the $/sq ft value for an ADU can be slightly discounted compared to the main home, but it still boosts overall property value.As far as the specific question about Feliz/Silverlake, maybe reach out to a local appraiser or RE agent who would be able to give you specifics.

Here's a bit more in detail about how rates are calculated for DSCR loans:1.

This resulted in literally weeks of delays, which contributed to the closing being postponed and rescheduled, losing our locked interest rate.A big gap in the overall Kiavi process is that we never received detailed introductory emails about the steps of the refinancing process.

If you have any specific questions, I’d be glad to help!

This specific deal was a close friend's apartment that he was renting.

I will preface this with the fact that I have a legal background, specifically with estate planning and asset protection.

Quote from @Nathan Gesner: Quote from @Danielle Levy: I agree with Nathan, you should bring more to the table and lay it all out there so that we can give you the exact detailed answers you are looking for to be successful.