@Aaron Gallington- thanks ...if you dont need to complete the refinance now - I would wait for a little bit ....you might get fully approved for the new loan with a lender to make sure you are able to get the loan but  hold off on locking a rate and completing the loan until rates drop a bit more ...if you are able to obtain conv financing - go this route as  75% ltv should be available and  rates / fees  should be much better than a  DSCR program - thanks 

I'm a new real estate agent, and a part time grandma, looking to create passive income so I don't have to work 9-5 the rest of my life. 

City officials plan to make the Queen Mary a centerpiece of their Olympic tourism strategy, alongside hosting five Olympic events.In addition to refurbishing the ship, Long Beach is developing its downtown and waterfront areas, including a new amphitheater and commercial spaces.

We needed a larger home for our family, that would be functional for multi-generational living with our kids and our parents.This is our forever home family compound, so we have no intention to sell and hope to continue improving and creating new streams of income from the property.How did you find this deal and how did you negotiate it?

We purchased for $95K, we put about $50K into it, it's currently rented for $2500/monthHouse 2: We purchased for $95K, we put about $80K into it, it's currently rented for $3500/monthCurrently working on finishing the rehabs for the remaining two houses.This is our forever home family compound, so we have no intention to sell and hope to continue improving and creating new streams of income from the property.

Good afternoon, BP.I've been looking at New Landlord Transition letters on this site and wanted to create one for myself.

Quote from @Paul Azad: Seeing many new opportunities for us passive investor types, including "Preferred Equity funds".

As I jinx it right now.....Anyway, this new one I'm looking at, it's an all brick home built in 1955.

It may be a little more challenging with a new investor that has no track record with you.  

If you're new to this asset class you might want to use 85%.