Hey Account Closed, based on today's market, here are the terms I've come across regarding Soft-Money Loans (better than hard money)Seasoned Single Family Home Rentals (after 6 months from purchase date):Up to 75% Loan-to-Value (newly appraised or After-Repair-Value)30-year fixed termNo Debt-to-Income Ratio Analysis RequiredNo Debt-Service-Coverage Ratio Analysis RequiredRates starting in the high 4% rangeUn-seasoned Single Family Home Rentals (prior to 6 months seasoning, 1-day seasoning okay):Up to 75% Loan-to-Cost (Purchase Price + Improvements Dollar-for-Dollar)30-year fixed termNo Debt-to-Income Ratio Analysis RequiredNo Debt-Service-Coverage Ratio Analysis RequiredRates starting in the high 4% rangeCommercial or Multifamily Properties:Up to 75% Loan-to-Value30-year fixed terms No Debt-to-Income Ratio Analysis RequiredNo Debt-Service-Coverage Ratio Analysis Required for loan amounts <$500KRates starting in the high 5% range

My questions are: Am I crazy to do this with the market being so soft?

I've been an attorney over 15yrs working for bootstrapping entrepreneurs and investors, and I'm transitioning into full time REI & REI Law practice (and am now soft-launching REILawyer.com in fact).  

Patrick Bass is who I use as an inspector.

Soft floor around toilets, tubs, & appliances bounce on your toes in those areas.  

If you can negotiate something you feel is fair and can accurately determine the costs to repair, it should be fine.For mine, it was obvious because the shower wall was 'soft'.  

I keep an eye on them and will usually reach out after 30 days to get a feel for how soft their asking price as become.

Hi Matt,After ten years of landlording, I've learned that it's not necessary for a landlord to collect a SSN for screening, because you can still get full credit reports and background checks through soft inquiry companies (like Cozy, or even every credit bureau provides their own online tool that helps landlords order reports without SSN).

They've fixed a hole in the roof, but I'd need to fix a soft spot in the floor and probably re carpet or something in the hallway and a bedroom, plus reattach the skirting. 

I don't know about a website, but there's no reason to be concerned about a soft pull.