Yea you could do it like that, but usually your lender is a broker and can find you the best products as that is their profession.

The cost to evict, in terms of lost rent, vacancy, turnover costs, plus the work involved to secure a new tenant who ON AVERAGE will be WORSE than the one you would be evicting sounds counter-productive.

Andrew - The other item I share with the contractor is that if the township/borough/city has any issues/questions with the work product I always request them to address/fix.

@Michael ItaliaThere's a lot of hype about ChatGPT and similar AI products.

Line up about 7 of those deals and you are home.You also have to be looking and investing in the right markets. 

My broker's property management company is local to the area and very familiar and comfortable with this product type if you want hands off management.

Thank you,Dave Check out DSCR Loans - no DTI is the key aspect of the loan product. 

Also, they have limited and low quality products that you choose from for materials such as flooring  bathtubs, and lighting, etc.

As far as I'm aware, most loan products that underwrite off of a W2 income require 2 years of work history. 

Hi Eddie, I specialize in non-QM products such as DSCR.