Yes you want to establish your credibility with a bank and they have very strict guidelines about what they will finance and what they won't.

.), plays a big role.Generally, there are three main refinance options for BRRRR method investors: Conventional loansBank/credit union loansDSCR loansConventional loans are generally defined as loans originated under GSE (Fannie Mae/Freddie Mac) rules and guidelines and securitized.

But many times they're going to need a lot more paperwork and have a lot more guidelines. 

You do need to send in a check with the extension, the irs provides guidelines for calculating the amount.Real estate investing complicates taxes sufficiently that I have found I save way more than I spend by having a CPA who specializes in real estate investor tax returns.

They consider it fraud and will take action against those who dare to rattle their cage.That being said, IF they approve the tenant and rent you are asking, and the total rent falls within their guidelines and tenant income qualifications, disclosed on the lease you are good to go.BTW, in year #2 of the lease, you can ask for a rent increase, and don't be shy about a raise--at that point, all they can say is "no".

Hi @Tyler Carter - Program guidelines can differ, and though many programs are similar in what they offer, knowing your specific implications in a deal can help pinpoint the right program.

It depends on the guidelines and the deal, but sometimes the pricing on LTRs and STRs is the same. 

It’s worth continuing to shop around or even speaking with a mortgage broker who can connect you with a lender who might be more flexible with these terms.Also, keep in mind that every lender has different guidelines, so it may take a bit of persistence to find one that aligns with your needs.

Hey Colby, as long as it's your primary there is no guideline saying 15% down is needed. 

I doubt your tenant has one.Also, in HUD ESA guidelines the Tenant must abide to any pet restriction or rule not affecting the ESA animal’s ability to provide support - like county license, vaccinations, leash, waste clean-up rules, or spay/neuter regulation.