We planned to sell, but our agent gave us another option - he had a husband and wife who didn't have the credit to purchase and would we consider renting.

Ultimately it would be nice to give the buyer the option, but I ran it past my loan broker and he said he couldn't finance it unless the filing was removed.

Do hard money loans not really exist much that lend based on the ARV?

I would also look at the year option to see how that varies.

That said, I would look at comparable rentals in your market first and then make decisions based on what the expectations are of similar rentals in your market.

Therefore my only way is to apply to the municipality for an update, I want to explore this option but I have no idea where to start..?

A DSCR loan could be a great option from initial glance.

Cash flow-oriented investors would do well in this market, since Montgomery’s rent-to-price ratios are very favorable—for instance, we’re seeing $150,000 properties in B/B+ neighborhoods fetch monthly gross rents of $1,200 to $1,300.By the way, if you’re looking for financing, a debt service coverage ratio (DSCR) loan could be a good option for you since you’re an international investor.

Based on the information I can find and an Excel template I am using it would suggest this property is a 9.3 cap and would have cash flow after expenses of around $3000 per month.

So I really need the best option