No W2 is required for DSCR Loans - one of the main benefits as its strictly no income verification for qualifying.

DSCR loans let you qualify based on the rental income of the property rather than traditional income verification.

., and ability to verify receipts and transactions (the verification is done by upper management to check and validate the revenues and expenses)4.

No need for tax returns, Verification of Employment, or income.

Here are a few lessons I learned during the renovation, many of which stemmed from the age of the house and unexpected hidden damages:1.Damaged Plumbing: Several plumbing pipes were ruptured or severely damaged, requiring replacement.2.Termite Infestation: I discovered termites, which led to additional costs for treatment and repairs.3.Rotted Wood: Significant sections of wood in the structure were rotted and had to be replaced.4.Lack of Insulation: There was no insulation in the att Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Then get photos and get third party verification that everything was done right prior to making your final payment to the contractor.

I  took over a mature company that had an investor base that I think average age had to be 65 to 70..

Some of his advice didn't age well.

Being a normal person and giving someone a heads up has not bit me, yet.In addition to what the law requires, I always shoot the tenant a heads up either via text, call, or email.If they are mostly responding to email, then shoot them an email.Emojis and gifs work wonders in today's day in age.

These are designed for borrowers who can demonstrate financial strength without traditional income verification.