Dumpy properties won’t appreciate and won’t give you the same option.

Hi Venkata--this thread from the other day may be helpful 3 month cash-out DSCR in WI (biggerpockets.com)I actually saved it myself for future reference. 

To be clear, it is totally ok to APPLY for more than one (shopping rates/lenders/brokers) however having multiple loans going at once (if you were doing a loan for your primary and one for a rental at the same time) requires disclosing on the application that you are getting another loan while your current loan is processing.  

Meanwhile, a friend of mine who stated at the same time and is only marginally making it despite long hours is still trying to decide whether or not he wants to spend $250 to send out 500 postcards.  

A new lease was never signed for the swap.4 days later, the landlord is now retracting the offer for the swap to the new home and would like my buddy to just move out of the townhouse.

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

There's no guarantee that your budget will stay the same in the end as it did in the beginning or that the quoted price will be the final cost of the work.

It may be worth at least asking if you want to do at a minimum of 90 day stays, etc.

Im currently battling the same problems as anonymous.

There are 51 storage units on the same property.