@Shelley AustinWhile it sounds great - if they cannot qualify for conventional financing will they be successful and pay you?

The investors that I have worked with in the past have found units from SFR to quads that are ready to close with conventional financing.Connect with me for any specific questions.Best of luck.

This pretty much wipes out any conventional lender. 

But when applying for a new conventional loan, it still has to be counted. 

Great job, Would love to see a breakdown of how you financed so many properties in a short tim - Conventional, Private, Seller Financing etc.

I know the cost associated with a DSCR is much higher than with a Conventional loan but the commercial zoning may be problematic for Conventional.

Friendly reminder you can do a Conventional loan 95% LTV to purchase a home for them.

I was shown about a handful of their holdings in the Houston, Memphis, and Little Rock markets, but the cash flow and CoC returns were less than $100 per month and 2-4% after factoring in additional expenses like 7% vacancy and 10% maintenance per month to go along with 20% down and conventional mortgage.

Due to your payment history it’s going to be tough to refi out into something more conventional or a DSCR.Hard money is your best bet but that’ll cost you.If your selling, drop the price and you’ll bring in more demand.

That's the predicament of using conventional financing.