If scaling quickly is your goal, DSCR loans are a great tool for the refi portion since there’s no 12 month seasoning requirement like conventional loans, and DTI isn’t a factor. 

There are many ways to remove a tenant, but it requires knowing what motivates them.

You should require the tenant to carry $100,000 liability.

typically no special license is needed when doing it for hard money loans that I am aware of. there may be states like california and nevada that are tricky where lenders need a license of some sort but for most part brokers i have seen are not licensed. 14 or 15 states require state license and NMLS registration.

thanks. you will spend more time trying to figure out whether or not its required than actually completing the form. it takes five minutes. 

Just make sure you have all the required permits, including alcohol.

This requires an income that allows you to maintain your standard of living throughout your life.

I have a few lenders who do but they still require some money from the borrower so they have skin in the game.  

We review yearly with our CPA who files the necessary forms.By law, IRAs require a custodian.

We only require a soft credit check as well.