I think the asking price may be more than if it was based on LTR since cash flow will be more with MTR/Airbnb.  

The number usually varies from 10-20% depending on credit score, property analysis, etc.Some lenders will work with any level of investor experience, credit scores as low as 660 and can close in as little as 10 days (there are loan options for 640-660 credit scores- they require 20% down).Another good thing is interest only and 6-24 month loan terms- you can refinance by selling or refinancing to a long term DSCR rental property loan at any time once you complete the rehab.Once the property is ready you can sell it or if you want to keep the property as a long term investment, you can underwrite the loan based on your income /debt to income (DTI) ratios or you can go the DSCR route where the loan is underwritten based on the actual or market rents from the appraisal.DSCR loans won't use your income to underwrite the loan.DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.Here's a bit more in detail about how rates are calculated for DSCR loans:1.

Based on what you said, getting yourself a survey will help tremendously, as others have said. 

I am based in New Zealand, What is your question, @Sovandy Yin ?

Based on the property line, the existing structure is 10' over the setback line in the front. 

I'm based in Austin, TX and don't have anyone to refer folks to who might look in SLC or Park City. 

Your milage may vary and obviously this information is current for when they stated it and online screening is a evolving process.Also be aware that you can make them complete your application and use that application and your in-house screening process, you just can't charge them to apply if they supply a PTSR.

We are considering transferring it into our VA based LLC - of which we are all equal partners.

We are considering transferring it into our VA based LLC - of which we are all equal partners.

My name is Anthony Blanco, and I'm excited to introduce myself as a new investor based in the Greater Sacramento Area.Background:I come from a construction background, specializing in residential rehabilitation.