Based on an estimated appraisal of $1.1 - $1.2 million, you could secure a loan of up to $900K (75% LTV).

Did you get their security deposits and prorated rents?

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

What strategies have you found effective for securing long-term rental loans?

I guess joining BP is now my official first step in taking a dive to this journey.

The vast majority of lawsuits against Landlords are for wrongful eviction, security deposit disputes, and Fair Housing Violations.

Can I secure the same loan for both scenarios—buying a new house from a contractor or refinancing in the BRRRR method?

While interest rates are higher, they could work as a short-term solution to help you secure the property, and you can always refinance later once you have a steady income.3.

I do this because sellers are going to offer 3% (they are in my market), and if I signed for less, I could not get the overage.To secure my buyers in this new environment, I made a 27-minute video going through the whole agreement and pointing out the things to beware of.

Governor Gavin Newsom has signed AB 2801, a law requiring landlords to provide photo documentation when making security deposit deductions.