I recognize the importance of having a thorough understanding of the scope of work and associated expenses to make informed investment decisions.Therefore, I am seeking recommendations for experienced contractors or professionals in the area who specialize in property rehabilitation.

It's essential to budget for potential legal fees, court costs, and other expenses associated with the eviction process.

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.

Hi Jeff, have you heard of the American Association of Private Lenders (AAPL)?

These policies are often designed to protect the lender's interests and mitigate potential risks associated with non-owner-occupied properties.Exploring Alternatives with Chase: Since Chase is your mortgage servicer, it's essential to continue trying to communicate with them to understand their specific policies and requirements.

It is best to calculate out your holding costs associated with the time that it would take to get the squatter out. 

Here’s some advice that I hope is actionable for you:Consider attending the California Mortgage Association’s conference this September in Newport Beach.

Calculator should provide amount of conversion  tax payments needed, one or multiple conversion options,  Medicare IRMAA impacts, various investment percentages of Roth growth vs IRA growth, and RMD amounts with associated tax bill.I’ve seen numerous CFPs hawk their services for $5,000 or more.  

I used Associated Credit Union out of GA.I have a 10% down 2nd home loan with them.

The Wyoming Valley Real Estate Investors Association will be meeting at Grotto Pizza near the Wyoming Valley Mall on October 25th, 2022 at 7:00PM.