Be sure to utilize tools of the trade for the best information.

Typically, it’s reasonable to deduct for things like deep cleaning if the place was left pretty dirty.

Investors typically want to stay within the original budget.The only way to do this is to stick to the plan and avoid COs!

I'd like to take a deeper dive into subject to, wraps and other related things to educate myself and see whether some of these might be things I can actually utilize in my real estate journey. 

Here’s how to find a broker you can trust:Ask for Referrals: Reach out to fellow investors or real estate agents for recommendations.Check Credentials: Look for brokers who are licensed and members of professional organizations, such as the National Association of Mortgage Brokers (NAMB).Review Their Track Record: Ask about their experience with real estate investment loans and request client testimonials.Interview Multiple Brokers: Prepare questions about their lender network, fees, and typical loan turnaround times.Evaluate Their Communication: Choose someone who listens to your needs and provides clear, honest advice.4.

We've worked with local banks and been able to finance the three we own without any issues.I don't necessarily know if it's "beginner" investor friendly but you'll learn everything you need in the bootcamp which is the gold standardWe get loans with 3-7 year balloons and 25 year amortization typically

Typically, if they can make it work as an STR they go that route because it almost always generates the most revenue.

Thanks,Harish. this would be typical of a larger commercial transaction.. what you can do is pay the appraiser and the Phase one company direct.. its usually done that way.

Typically an FHA lender will want to see 2 years of work history in the same field before they will approve you for a loan.

I’ve been thinking DSCR but don’t they typically have higher down payments and closing costs?