Quote from @Jaycee Greene: If you go the conventional/DSCR route, these are considered "Commercial" loans and the properties are referred to as "Non Owner-Occupied" and, as such, the cash flow of the property is most important, and your DTI is not generally included in the underwriting.

Houses that sustained fire events have long term consequences including structural damage and mold that results from water intrusion required to extinguish the fire.

Can the travel mileage incurred during this time be included as start-up expenses?

If you're refinancing to a business purpose loan that's totally fine, but chances are good you'll need a lease in place for the unit you were occupying so the lender feels confident that it's strictly going to be used as an investment property.

Happy to engage in conversation on any number of topics including financial stacks if you are.

Feel free to reach out.

For those interested in rental properties or other approaches, the marketing focus can feel misaligned.4.

It is growing in popularity because of proximity to Charlotte (about 45 min drive) and Lake Norman but still has a small town feel.

You might look at vacancies on FF close to your location to get a feel for what the market is.

•At an ARV of $625K, this feels high for a rental in most markets.