Let’s be honest, I’ve watched folks who jump into this game as if playing roulette.. firing off offers on duplexes in Phoenix or leaning on some “sure-thing” house hack in Austin without ever sketching out their plan.

I fire off offers all day long for clients.

The plan is to have 25-50 conversations per day with agents, make 3 offers a day.

We offer DSCR loans and have an established network of appraisers in the area.

Just because most lenders do not offer it (we do) does not mean it is against the law. 

If they are changing jobs, they need the new job first and you need to paychecks or offer letter with salary or maybe even the first two paychecks at the new job, depending on their level and income.Ask them about deposit and rent. 

There is a lot more competition than before. 

Quote from @Thomas Haessig: I have two accepted offers to buy and house hack.

Can anyone recommend a company that offers a builders risk policy to cover the construction period but then will also allow a cancellation and refund after work is finished to convert into a standard landlord policy.  

A local lender can be helpful since they often understand the market better and may offer more personalized service, but it’s not always necessary if the terms are great.