Where does it say this in their terms of service?

Generally there is consensus that DSCR Lenders can only offer a 1% prepayment penalty for up to 3 years in MI, but some lenders have recently reportedly been flaunting this rule - I would just tread carefully here in this area, generally not advisable to get potentially tangled up in a flawed legal doc with a non-sophisticated or fly by night lender

Otherwise, you won't have the extra funds necessary to cover the rising costs of goods and services in the future.What causes rents (and prices) to increase?

The way I see it, it would make more sense to do it in house once I've got a little more money to spend on equipment and the ability to mail to a lot more addresses without missing a ton of calls from motivated sellers.Account Closed Thats low compared to some of the big name services!

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

Just know what you're buying as there's still a lot of FP panels, 60 amp service, aluminum wiring, asbestos tiles/tape, and plaster & lathe walls.  

You'll want to make sure multiple banks look at the deal to see general appetite for financing.What happened to us is we took over a string of condos from a non bank lender that foreclosed on the properties. 

Purchase price: $125,000 Cash invested: $50,000 I am currently looking for properties for a newly formed non-profit group that wants to supply affordable housing for disabled veterans in the San Antonio, TX, area.We are looking for SFH, Dups, Trips, or Quads to rehab and meet ADA standards for hold rentals for the disabled veteran community in SA.If you know of anyone looking to sell a property that might fit our criteria please reach out and give us some support for the disabled veterans community in SA.

However, you can only claim depreciation once the property is "placed in service" (i.e., rented).

As someone else mentioned, what I've seen a lot of in the past six months is deals that don't have the rental income to service the debt and borrowers with marginal credit.