This is exactly what's going on.Ask them to send proof of funds or pre-approval letter first.

Like Gino mentioned East side has been a lower median income area and is on the rise, but is still block by block in large sections.

He has great Sub connections too as he has flipped several properties in the market.Comparable financing is everywhere, it's not anyone's road block if you are ready and by ready I mean you have decent credit and 50k. 

They have access to your county court house documents where you are encouraged to send out 200 letters a week to the leads you are given.

I work with a great lender team that can get you an initial ‘Pre Approval’ or letter of intent. 

I always send my proof of funds letter in with the contract too.I offer to use the agent with the whole deal if she brings me the deal so she gets her full commission. this is just my 2 cents .KC.

A tenant that I’ve had for about 5 years emailed me tonight with a ESA letter from a mail order website.

I will say with honesty, DSCR loans are generally the “easiest” in the block when you are a lender who works with 100 different loans types but they are all still snow flakes and require individual attention.

When you buy or inherit a block of properties, you want to put them in buckets.

Philly is one of the most block-by-block investment markets in the country so all Philly investors have to know exactly where each neighborhood bends and breaks.