Please feel free to reach out and message me directly on BiggerPockets with any questions you may have about the industry or how a loan officer mixes into the equation.

I have noticed that many flippers in my area have taken courses from the various gurus but otherwise are blissfully ignorant to understanding rehab costs.

There are costs involved with writing mortgages.

Is there enough cost savings for it to make sense.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

Hello,I know two retired families in my group, sitting on $3M+ real estate, free & clear.

A lot of DSCR lenders are technically POF lenders as they only qualify on 4 things: 1) valid driver's license 2) FICO score 3) rent is more than the PITI of the proposed property and 4) proof of funds for the down payment and closing costs and reserves.

Even if you were able to find 10% down, the lender would still require you to have another 10% - 15% on top of the DP when you add in closing costs and reserves. 

Feel free to shoot me a message.

. $100 for a lease and several other documents (FREE FOR PRO MEMBERS!)