Most capital providers require a 700+ FICO for a Cash-Out Refinance of 5+ units and six months of seasoning to use a new appraised value instead of the cost-based approach.

I'm an investor based out of Longmont and do a bit of real estate investment coaching as well.

Our property management company is based in central Charlotte, about 30 minutes north.

Think like company like homes or zillow or local exp team that could offer a very efficient buying process thus could offer more attractive buyer commission, especially at expensive home price above 1 mil area, that would impact heavily on heavily-dependant commission based broker. 

My estimates are based on personal experience having done a fair amount of renovation on my primary residences and estimates from friends and family who are contractors.

Hey Daniel, If you are qualifying for a DSCR based loan, you do not have to do the extra step.

I'm based in Florida and investors here are getting killed by Taxes and Insurance.

Why would someone be willing to take payments on a home based on your promise to pay?

i bought a home warranty once and never would again. they rarely have things taken care of in a timely manner, which can be fine for your primary in some cases, but not for a rental. and the companies they contract to do the work, are getting paid pennies on the dollar for those jobs based on the deal they negotiated, so they're in NO rush to get out to you. and like any insurance company, they do all they can to get out of stuff. it was a waste of not only money, but also time and energy.

@V.G Jason thanks that helps the M2M is based on Zillow and Redfin although the numbers listed above are ~100k less per property than what those websites show for each propertyI need to look into recast I am assuming the mortgage broker would know this?