Owner financing makes sense when you have their credit report in hand.

I've considered taking out the equity in my house, taking a loan against my investment acount or just saving up for another year to have the cash on hand.

Also, the total acreage of the property would be needed as there can be acreage limits for DSCR loans.

Rules/policies are subject to change and selling units in some buildings can be challenging.Condos, on the other hand, typically have more lenient rules/policies oftentimes allowing for unit owners to rent their apartments immediately and indefinitely.The rule flexibility, however, comes with a price.

On the other hand who ever buys the property will have to raise the rents.

Looking for good first hand experience with a recommendation... just what every landlord wants, someone who knows what they're doing and is reliable.

There are some dogs that just have to be on the couch so these cut way down on dog hairs.We provide dog bowls for water and food along with an absorbent mat.Last up we have a small Bissel hand cleaner for accidents.

The answer is yes, 2nd lien DSCR loans exist and more than one lender can do them, but you would probably have to up your credit score to be able to get up to a total of 75% ltv between 1st and second lienOtherwise, you would have to get lucky on a favorable appraisal.

On the other hand if they are a sponsor that is experienced in stopping a skin in the game, that's a huge red flag for me.c) how open to scrutiny are they?

There are also limitations of how much total loss from RE you can take against your W2 unless you are a RE Professional.