As you earn seniority you picking up extra legs to fly would provide more per hour of your time vs STR.

This was not like taking out a regular mortgage, There were all sorts of hoops to jump through and tons of extra paperwork to fill out but my Realtor and Lender made the process easy!

Motil has a pretty impressive resume' I can see where folks would lend to him  ..

As you age out most folks start to pay down debt and want their properties free and clear. 

We have spent a good chunk of our lives building up this portfolio, so I am being extra cautious with numbers as you can expect.Our rents are generally in the $1,400 to $2,000 a month range, and the street value is probably between $230k and $300k for the SFHs.

Thus, I advise all my clients to allocate some extra funds towards the month 18 re-amortization because you are not guaranteed to get the full 26% at year one.

No problem right.So what do you do when you find out the borrower is in prison and the 17 year old daughter who is a junior in high school is living in the property and she is trying to find a place to live with a friend and needs an extra 3 weeks.

I am 100% remote as well and decided to take the plunge based on their reputation and the communication I had with the various folks I’ve talked to.  

Make sure on the second home to.1 - Good neighborhood. 2- Three bedrooms, Two bathrooms  or larger. 3- Possible chance to ad on a extra room,,@ where patio is, or back of house?

I paid extra for exclusive leads, and the people are being contacted by 30 to 40 investors.