If your current lender can’t accommodate you, explore STR-focused lenders like Host Financial or Lima One Capital, or consider bridge loans to buy time while you build your rental history.

It’s astounding how many fake documents are circulating today—you can find everything from fake references and stolen Social Security numbers to falsified income documents.To combat this, we rely on tools like Plaid, Verifast, and Snappt, which are excellent for verifying financial information and detecting fraudulent activity.

I like the asset class IE not C class in the deep south.

They have no credit history, so you have no idea how responsible they are financially.

The house is only in my name at this point, which was intentional when we married, and when we moved out of it as a primary residence to hopefully avoid ex’s gotta financial pursuits.

I’d love to learn from all of you, connect with like-minded people, and eventually achieve financial freedom together! 

The credit score is the single best indicator of how one pays their financial obligations.

-------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

An article from The Mortgage Reports explains:“The amount you need to put down will depend on a variety of factors, including the loan type and your financial goals.

Maybe pay a financial advisor for an hour of his time first in case there is an alternative that you have not seen yet?