If you are acquiring it as a fix and flip then your HML/PML would cover the initial deposit.

Pre-screening: On 3 different occasions the potential applicant is asked if he/she meets or surpasses our minimum screening criteria. 3.

Hey Wilson,I don’t intend on purchasing an on market property for fix and flip although I have seen a few that make sense.

Fix and flips?

Investment Info:Single-family residence fix & flip investment in Martins Ferry.

On occasion I rent to tenants with pets if all the other boxes are checked.

30-year fixed DSCR Nice! 

I'd like to share some insights about the process of finding and securing funding for investment properties especially for fix and flip deals.

Unfortunately, North Jersey is probably one of the hardest BRRRR markets in the country right now because of extremely low inventory, high demand, and pushed up prices because single-family home buyers are buying the properties that we all used to buy to fix up because they are desperate.You can BRRRR, carefully, into many parts of Pennsylvania though but remember that interest rates right now make it very hard to BRRRR.

He genuinely seemed apologetic and wanted to fix this issue going forward.