Feel free to reach out

Fannie Mae has a requirement that if you want to use the rental income from the non occupied units, that you MUST have a current housing expense which means you cannot live rent free.

@Sebastian Nadal for background checks, I use stessa/rent prep that’s available to us through biggerpockets tools.

Feel free to reach out here or DM me directly.

U can check out  ivyridgeestatescanby dot com for my 90 home project in Oregon that I did with my oregon bank and then my website for pictures of homes we built in Charleston SC which is the only market I tagged HML ( lima one) and only one time the rest were done with Ameris bank or Service first bank that is local in the market. its all about the three C's  Character Collateral and capacity..

Mailchimp also I believe is free up to a specific number 

Please feel free to message me! 

At which time the investor who created the deal would now own the house free and clear.

I would check your cash flow in relation to that $55k number to see if it's sufficient for you.

You could do your work for free and it would still be too much for them because you don't do things the way they believe is right.I recommend developing owner-screening criteria to make sure you bring on the right folks and the right properties.