First, the best thing you can do is improve your screening process.

Then you have price improvements of .110 and .050 for total of 4.965% in LLPAs.This means that the rate has to pay enough to cover the LLPAs plus whatever the lender is trying to make.In case like this, where the LLPA hits exceed what the rate pays, that difference is charged to the consumer.

Timely payments are one of the largest factors in a credit score and if he hasn't had late payments since then, his score would continuously improve.

You specifically told us - in writing - that you would pay for these improvements yourself.

You don't know the law, you don't know how to handle difficult tenants, and you aren't local to work on it.This is what Ohio law says: “The tenant shall not unreasonably withhold consent for the landlord to enter into the dwelling unit in order to inspect the premises, make ordinary, necessary, or agreed repairs, decorations, alterations, or improvements, deliver parcels that are too large for the tenant’s mail facilities, supply necessary or agreed services, or exhibit the dwelling unit to prospective or actual purchasers, mortgagees, tenants, workmen, or contractors.”I would give the tenant a short, direct warning that they have 72 hours to coordinate with the vendor and set a schedule for repairs.

How does their business improve?

The appraisal indicates the rents will cover 1.1 of the PITI, and the credit is good, with 20% down, solid savings, and a W2 earner (a beautiful lending profile).

Hi all, Has the permitting process in Atlanta improved at all?

Basically this program helps people with Zero money get a ton of improvements on their homes.

So in the short term RE investors are left on the sidelines… but BRRRR isn’t dead… it’s just on the sidelines too waiting for conditions to improve to the point where there is cash flow available after the refi.