Are these type of little to no doc products getting more common again?

There is a reason they are rare - they are extremely one sided and it’s not to your advantage

Its a product we offer, just doesn't get a lot of play, because its a pain to refinance that seller out down the road.

The average person will have an extremely difficult time doing it.And I agree 100% about the sub culture of "contractors" and other tradespeople.

(Most Likely Double Digits)Your blended rate will be extremely comparable.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!

A DSCR product is what you are looking for.DSCR simply doesn't take into account your personal income, instead we qualify the loan on the properties rental income (or projected rental income).Your credit, properties cashflow, loan to value & prepayment penalty are going to be the main determinants on what this loan looks like for you.

Thank You We have a product that we fund out of our balance sheet with no seasoning for cash out.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!

Yep, you can use a product like a debt service loan to close in an LLC. 2.