Also we felt we were going to make more self managing than with the payments they were offering.

Low down payment (3.5%) is attractive, but comes with mortgage insurance and might not offer the best rates.

Late payments, property damage, and evictions are avoidable when you have a PM who knows how to find reliable renters.I encourage you to seek out a property management company that emphasizes tenant screening and uses modern tools for verification.

This place is a fraud they aren’t even real lenders the are just originators who have everything private labeled.

Hello Kyle,When screening applications for the properties that I manage, I always look for:- Income of at least 3 times the monthly rent (verified through the employer)- Credit score of 580+- Rental verification with past landlords (no outstanding balances, no late payments, and the property left in acceptable condition)- No history of collections, evictions, or criminal offenses- No overdue debt (except medical debt)I have found this screening standard very helpful when finding tenants who pay on time and treat the property well!

Have 3 investments in GoodEgg - 2 have stopped making payments.

It is invaluable to quickly calculate a mortgage payment.3.

Those willing to go beyond that could be good partners for real estate investors.Traditional banks/Local Banks and non-bank lenders - If they are a portfolio lender, meaning they actually hold on to the loan and don't just collect your payment, then they have the ability to be flexible.

This will still qualify for a residential mortgage and you have a better shot of completely offsetting your entire payment.

You will need to put some kind of down payment upfront.