We want to take the complexity out of this decision making process in order to support cost control and finding monetization opportunities for properties that have fully electrified. 

Of course, I don't want to waste money so I think building ROI with another money producing property would be the smartest decision.

You will constantly hear of shortcuts during construction and the conscientious decision to use lower quality materials during the renovation.

I felt the same way with Rich Dad Poor Dad.

The value of an agent is to do the research for you and maybe negotiate, though most agents are poor negotiators. 

It can definitely be a bit overwhelming at first, but a great way to make it smoother is to build a solid team that can work with you across different states.Having a reliable lender is especially important—they can help guide you through the nuances of different markets and make sure you’re making the best financial decisions.

Even worse is the SOL often changes with newer decisions so the precedent changes sometimes every few years in each state.

But best to run hard numbers before making any decisions.

Sometimes people can be misinformed, thinking these are loosely originated mortgage loans akin to the “NINJA” (no income, no job, and no assets) loans that were common in the early 2000s and helped lead to the last real estate crash.After reading this guide, you should be both well-equipped to know what to expect in the DSCR loan underwriting process and be able to dispel any myths about DSCR loans being a repeat of the poorly documented “no doc” loans of the past.

In general, we do not get a LL reference check request from our poor tenants.