Verify the purchase price, potential rental income, and operating costs to determine whether it’s truly profitable.Understand Debt: Taking on $500,000+ in debt is a serious commitment.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

You could ask them before you can provide your ID if they can verify who holds the deed.

So, why would you use their numbers without verifying yourself and doing your own due diligence?

It's essential to verify if your property falls within such a mixed-use district.Special Authorizations: In M1-2D districts, residential uses may be permitted by authorization from the City Planning Commission, subject to specific conditions and bulk regulations.

To ensure accuracy, verify comps manually by reviewing recent sales in the area, property condition, and similar features.

That means, if the seller tells you something, you verify it.

One mistake I’ve made in the past is relying too heavily on numbers provided by various real estate websites, so I’m curious how you’re verifying the property’s financials.Looking forward to hearing back!

Make sure you verify their work.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?