Many states have a "reciprocal license" program to simplify the process.

There is no additional "risk" on the note like a demand clause etc, but you have  extra expense in upfront one time costs and the pre-payment penalty that most programs are sold with if rates do drop as expected in the future.  

Here are the markets I’m exploring:St.

I would like a book or program recommendations in order to learn how to purchase and manage the extended stay hotel.

For those more entrenched in the Denver development market than I am, is this a fair trade for the city and for the developers?

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

Some programs will do the full LTV that a long term rental would have and some lenders will reduce the LTV by 5%.

Sometimes I have even directed troubled tenants towards assistance programs (such as single moms because there are a lot of programs for them specifically in my area especially).

I suspect most who requested cash for keys had previously received cash for keys.What I do instead is explain:- the housing shortage in my market and that an eviction will forever make it difficult to find a quality rental in this market. - I will ding their credit such that all credit cards and other debt will cost them more.- I will keep their security deposit for funds owed.- I will do my best to garnish future wages until their debt to me is paid in full.This has worked 100% time so far.