So there's some yin and yang magic going on here.If you're in escrow for some other mortgage that isn't disclosed to underwriting, how can DTI, and # of financed properties, and other things, possibly be calculated before it's known with 100% certainty if that other mortgage will, or will not, fund/close?

Many thanks,Yang

@Lisa Yang Every investor has a different risk tolerance and reserve balance.How much out of pocket cost do you want when there is a claim? 

: )@Wei Jie Yang  I would reach out to Kelly at aimloan.com.  

@Wei Jie Yang  how to find out about rental demand?

We just were the yin and yang. 

@Vickie Yang for the most part what investors try to do is find a property in disrepair to buy, rehab, then refinance (the BRRR strategy) and that's how we limit our out of pocket expenses.

I guess I'm the yin to your yang: I don't think most people should jump in to REI unless they already have a robust stock portfolio providing substantial dividends and/or vast cash reserves so they can afford to dig themselves out when a sewage line clogs, a deranged tenant trashes a unit and has to be evicted, they miscalculate the ARV by more than their profit margin because they forgot to double their back of the napkin rehab budget, tariffs cause the price of lumber to double during permitting, or something expensive and unexpected inevitably goes wrong.

@Ellie Yang yes I did go with State Auto.

@Johan Yang it’s about as legitimate your car offering to loan you money