DSCR loans are great products for those who need them, and we originate them everyday.

The house had the utilities turned off for the 6 years, and was filled with the original 1 owner's furniture, clothes, appliances, car and ecn food in the frig (without elctric on for 6 years). 

Goes back to that original thesis in a thread long time ago-- quality over quantity.

They originally wanted 360k, but the mortgage would have the property running negative for the foreseeable future until all renovations are done, which I won't do. 

Because the extra family members weren't on the original eviction, I had to wait another 3 months to get them out. 6 months altogether. 

You can't resolve the issue unless you pay off the loan, the bank sends the property into foreclosure and your original seller sues you for breach of contract and ruining his credit. 

@Bill B. 195 originally refinanced to 224.

Originally posted by @Eric Mayer: Not sure how much Marijuana you have been around, but some smells terrible and all of that can happen without smoking it inside.

I see that it has been 3 months since the original post; how are things going?

Originally posted by @Jim Y.