@Michael Hooper a lot of lenders were forced to tighten up/reduce the quantity of investment property loans they are funding due to restrictions from Fannie/Freddie (see article: https://www.housingwire.com/articles/fannie-mae-tightens-standards-on-investment-properties/).

I have heard single family investment is tightening down payment requirements. sorry I have more questions then answers..

Guess we need to tighten up our screening process.  

Readers Digest version: tightening requirements but making less because I'm scared of getting "rona-scammed.I recently sold a property and 1031'd into two B+ class properties instead of the typical C class property that is usually the "sweet spot" for cash flow yet decent tenants in my area. 

Especially now in NYS with HSTPA and Covid, we tightened our credit criteria because its way too costly to place a bad tenant.  

With covid and the tightening of the debt market it's possible that your lender is getting more conservative with their underwriting.Good luck!

Hi i had bought a Fannie Mae homepath (owner occ.) property with the intention of BRRRR’ing it and ended up getting a lucrative job offer on the other side of the country and it would be more convenient to just sell it as is, I put a Zillow listing up and have multiple offers for 250% of what I had paid for it, and it will be more of a financial strain to complete the rehab than pocket the difference as is, my question being: is there any exception that you can sell a property before the 1 year rule due to having to relocate?

To me it doesn't matter if I had to go to tighten the screw  or install a brand new lock .. a lock takes my 15 min to replace and maybe $30 extra to buy a cheap set of lock.. so to me they are both the same, but a home owner doesn't understand that (and I can see why, I use to feel the same way) ..  

This is a huge financial strain for us.

Existing students lease ends in late July, new students would like to move in Aug 1.Purchasing during COVID was a challenge as all of the banks had tightened up their processes.