Use the search bar and spend an hour or two reading.ESTOPPELYour offer to purchase should include a requirement that the Seller provide all documentation and agree to sign an estoppel certificate (also called an estoppel form or agreement).

Most lenders, including us, will do the lesser of the purchase price ($1.095M here) or the appraised value as the amount used to calculate the LTV.

Send him a letter, emphasize that you are personally yourself the end-buyer, include proof of funds, include something attesting to you being financeable (unless your proof of funds is for the full cash purchase price).If he owns 20 local businesses, good chance he's in at least one chamber of commerce, and if he's not, he 100% knows people that are, who will spill the beans and offer to do an intro if you mention you're interested in buying a gas station over a beer or a meal (there's probably like 3 people in that city that fit this description, why not get introduced to all 3?)

Purchase price: $198,000 Cash invested: $70,000 Sale price: $340,000Full rehab of the 2 bed, 1 bath house including a new kitchen, bath, refinishing the hardwood floors and other updates.

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23There are 30 year fixed terms and other options such as 40 year with 10 year interest only converting to a 30 year fully amortizing loan. 

IDK, this includes self and managed team. 

My goals for 2023 include officially starting my wholesaling business as of Jan. 1st.

After the violations were cleared, we continued on a full rehab of the 2 bed, 1 bath house including a new kitchen, bath, refinishing the hardwood floors and other updates.

But the reviews of the all the top home warranty companies don't give a good feeling about the practicality of using one including poor service, delayed appointments, multiple visits to fix an issue, keep patching the appliances and systems instead of replacing, offering low replacement costs if they decide to replace, not to mention the tenant frustrations because of these issues.

He regularly analyzes the best markets to invest in, including how fair they treat landlords.