The more work and effort I have to do to convince me they are good candidates, the more I want to just pass and find another tenant.Lots of red flags and work to convince myself they are red flags I can work around....... your are rationalizing a reason the pick them.....

Most lawsuits are absolutely frivolous and filed by an emotionally unstable person that doesn't think rationally.

The most expensive word in the REI vocabulary, and the one most commonly used by REI's to explain how a bad deal is in fact a great one, is...rationalization.

While as one member mentioned it may be early to gauge the level of success of this property, in reading all your responses to questions in which you include the analysis you performed and rational dos the numbers you came up with, I have no doubt in my mind that this will be a true succeeds.

There are too many other options out there that still run right along with LTR rates and costs compared to a No Ration loan.Cheers!

Hi Joey, the two things that will determine your rate and the projects viability are your credit score and the debt service coverage ration on the proposed property or properties.

What's your debt-to-income ration in the eyes of the lender you have been working with?  

The idea of giving her cash for keys is eating me up and she has shown no signs of being rational or reasonable.

I've found commercial underwriting to be more rational on the whole.. the property itself plays a much larger part of the process, total assets/collateral are considered for risk controls alongside income, verification/seasoning of personal funds is less stringent... the list goes on. 

It goes against every common sense rule of economics and fairness, but people are rarely rational when they see Govt handing them freebies.