@Marc Shin We're funding cash out refis for a lot of our most experience BRRRR clients right around day 91 (to pass 90 days of title seasoning) where we get the process started (appraisal, title, application, etc) around day 60  (plus or minus) when they have the place fully renovated and at least listed for rent (we'll use appraisers opinion of market rent to calculate DSCR). 

@Sean Relyea switch to a professional property management software system, Buildium, AppFolio, etc.

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

I added a new software platform, got rid of all abandoned vehicles, raised rents, seal-coated and striped parking lot, took out loads and loads of trash, got the phone number working and started marketing to local community groups.

Do I list the foreign mortgage on my application?

Here are the psychological misjudgments that I found most applicable to Morris Invests: They are in two categories, investor traits that drove them to MI and investor traits that MI took advantage off.

Software: Stessa for accounting, Deal Check for quick and dirty analysis of potential purchasesMarket positioning: Pet-friendly (fenced-yard, accept dogs and cats), well-designed homes, off-street parking, suburban, full cable TV package (not streaming only)Pricing: Targeting upper-middle market (not budget-conscious guests)So far, so good (since 2020)

Happy to send recs in my DM Justin, what software are you using these days? 

Property Llama has a software that looks at how your current portfolio is preforming.  

I've also asked for the current tenant's original application.