. - Rents are also a function of supply - 2024 saw the most new construction of multifamily units in American history (nearly 575,000 estimated 2024 deliveries of new multifamily inventory), and 2025, while not a record setting year, will see deliveries top 500,000 again - a huge supply increase. 

Because of Seattle's hidden criminal history I got stuck with a criminal.

Verifying last 2 years of rental history very important!

Show them the history of 30 year fixed mortgage rate & explain that the only reason rates got as low as they did is because the Federal Reserve started Quantitative Easing during the during the recession and then again during COVID.Here's the graph showing the impact of Quantitative Easing (QE) on interest rates.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

Private lenders tend to focus more on the value of the asset or project rather than your credit score or financial history.

Ensure they have good review history.

Take a copy of the lease, payment history and if you have one your receipt book.

History: At one time (when I first began marketing for LPO leads for a fellow investor) the Free Ad Sites were the place to go to find motivated sellers.

Verifying last 2 years of rental history very important!