Experience is suppose to be a supplement to your screening process it is not suppose to be the only screening process.  

For your "BRRRR in Bulk" approach, you might want to explore lenders that specialize in portfolio or DSCR (Debt Service Coverage Ratio) loans, as they are often more flexible with complex financing structures like seller 2nd notes.

I didn’t realize section 8 could be partial or full rent coverage.

Legal and regulatory considerations include landlord-tenant laws, property tax rates, building codes and zoning regulations, and insurance coverage.

These changes MIGHT be legit due to the coverage ratio on the deal or any other changes in the application but of course they should be communicated at the very least.

I am open to all options of lending.Hi @Nolan DaltonDetermining whether a property investment qualifies for a DSCR (debt service coverage ratio) loan can be a complex process, but by following a few key steps, it can be made much simpler.Understand the DSCR requirement: In order to qualify for a DSCR loan, the property must have a DSCR of at least 1.25.

The property in question is a mixed-use, with a ground floor commercial unit, and one residential unit upstairs.  The property is owner occupied, with no residential renters, and no commercial renters, what type of pr...

Have you verified with your builders risk carrier that you will have coverage if there’s a claim and the renovation is completed without proper permits?

I can get coverage through Texas Windstorm Insurance Association (TWIA), but they would not insure without a new roof that meets their standards.

You can also look into an umbrella policy for higher coverage but not always needed.