It stands out for its affordability, consistent appreciation, and reliable cash flow.

Most will require basic documentation such as a complete loan application, ID, Entity Docs, and 3rd party contact information.

Finding reliable contractors for out-of-state investments can indeed be challenging.

Is it difficult to find reliable cleaners and handymen for the property?

Platforms like Angi or a quick Google search can also help you find reliable options.

Should I take extra steps to verify their identity and legitimacy?

Spend what’s needed to upgrade with reliable mechanical systems, roof that doesn’t leak, remediate all mold; interior design modernized; in other words a place that will attract a higher income no hassle tenant.  

Start small, ensure your numbers (purchase + rehab + holding + selling costs) leave room for profit, and build a reliable team (contractor, agent, lender).For financing, work with lenders who specialize in fix-and-flips. 

There are a very limited and reliable few of lenders that do true DSCR 2nds.

Hi All, I'm in need or a reliable tool to use when underwriting short term fix & flip loans.