Applicants have a prior eviction years due to unfortunate circumstance but good household income and noted they are in a better place financially.

From a lender's perspective, separating personal and business credit is critical for scaling operations while mitigating personal financial risks.

Payment Terms & Renovation LoansA financial agreement is the backbone of any contract.

Find a property that makes sense financially, in an area of potential growth, ANYWHERE in the U.S., and in your analysis account for slightly higher PM fees.  

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

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

@Dave AllenRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

When offers come in, prioritize pre-approved or cash buyers for a faster closing process, negotiating where needed to maximize your profit.Finally, conduct a post-sale analysis to evaluate your financials, noting how actual costs, timelines, and profits compared to your initial projections.

Just stay flexible and be ready to adapt to market changes or your own financial situation.

I’m going to consult a local financial planner but thought I’d ask the brilliant minds at BP as well.