Not qualifying because of a low fico score or experience.

Prior to anyone submitting an application ensure you share your rental criteria clearly ( i.e. credit score, your preference on acceptance of rental collections, evictions, felonies, misdemeanors, pets etc. ) as well as sharing any additional charges ( i.e. monthly pet rent, pet deposit(s), security deposits, admin fees etc. ) people unqualified will usually "walk" as this stage and that is where you will save time. 3.

Originally posted by @Stephen Brown:I'd recommend talking to Jeffrey Donis here on BP.

so you get a couple points to originate the loan and then maybe a small amount of interest. 

Now I’m down to only 1 rental, $200k HELOC on my primary, 800+ credit score, and a high income job. 

Hello Rick, I've only come across 1 company to do 2nd position DSCR Loans, here is his contact info.Erik EstradaLuxePrivate Investments LLC Loan Originator, OwnerDRE 02161719 | NMLS 2289340Direct: 818.269.7983W:https://luxeprivateinvestmentsllc.com/Schedule: https://calendly.com/erik-dra

Simply tell the lender you are getting a  quote from what your middle score is.

The background check was clean, he had a good score and great income.

The banks are originating these loans and selling them off and not explaining to people they are buying a ticking time bomb. 

Another option is to retire the old roofing costs from the original basis if you can't expense due to a capitalized event.