Here’s the post and DM I tried to send you yesterday but after 10 years and thousands of posts my “email hasn’t been verified” so I couldn’t post or DM.

We would need to verify that you are able to meet the DTI requirement since we will not be able to use rental income to offset the mortgage debt. 

I’ve got a $500,000 3/2 SFR built in ‘03 only pulling $2,100 🤯😭 (and I verified those numbers w/a bunch of investors and agents that LIVE in Texas!) 

You need to use these estoppel forms to verify all the details about the oral rental agreement with each tenant.

.• Cash Flow Analysis: Use a tool or spreadsheet to calculate projected cash flow.Based on your estimate of $300 per month in cash flow, make sure to verify that this aligns with your financial goals and risk tolerance.

I hope you verified their license and insurance, added yourself as "additional insured" on their policy, checked zoning, and are prepared for additional wear-and-tear.I personally don't allow it anymore because it always turned out bad.

One thing we have noted as troublesome for some potential househackers with this conventional program is that in order to use rental income from the other units towards qualifying you need to have some current housing expense verified (rent, a mortgage, etc.) 

It's a 5 hour one way trip but I hope it will be a long term relationship. so makes sense to make the trip and yes, verify that the property actually exists.  

It includes professional photos, a yard sign, a comparative property analysis (CMA) and a personal home overview to go over what should be done/fixed/updated to maximize our home sale.1 Year ListingA listing on MLSLI.com, HGAR.com, OneKey MLS, Realtor.com, Zillow, Trulia, and other partner and other real estate agent websites36 photos uploaded to the MLSFree changes (price, open house, description, photos)All legal disclosures and paperwork providedFree MLS flyers, open house flyer & sign in sheetsReceive all buyer leadsLocal Broker help by EmailWeekly Listing Stats for your propertyShowing time Scheduling (if wanted)Electronic LockboxPhone call questions and help with anything you need during the selling processThey negotiate your offers for you professionally They verify all buyers pre-approvals and/or proof of fundsThey fill out and send all required paperwork to the attorneys to get contracts goingThey handle all home inspections and potential issuesThey deal with the appraiser and provide comparable sale information so your house appraises for the contract priceThey confirm the commitment of buyers mortgageThey help deal with any legal issues from the town if there are anyThey handle the walk through and any issues that might ariseThey attend the closing (if there is no scheduling conflict)I make the appointments and show your own houseCost: 1/2% with a minimum of $2500

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.Here’s our OPINION for the Metro Detroit market (always verify each area for yourself!)