This gives you flexibility and a clearer understanding of how you’ll proceed based on market changes.

It seems like there is no catch, would they let me buy a property this month and a property the next month for instance if I have the 25% down+closing costs and can prove that it rents for a decent amount more than the mortgage?

But it would be nice to have access to the software and a place to basically wholesale the ones you don't want for yourself.

Starting with one property is a smart way to learn the ropes, and as you grow, networking with local agents and other investors can be invaluable.

For DSCR cash out refinances, 75% LTV will get a better rate and a DSCR 1 ratio. 80% is possible but it will require a 1.2 or 1.25% DSCR ratio instead of a DSCR 1 ratio.

Having some prior experience with a flip and a BRRRR locally will definitely come in handy.As someone who’s also from the Bay Area and has done rehabs on my long-term rentals, I wanted to share a bit from my own experience.

I have 10 years of experience in retail real estate and a couple of partners who are interested in investing with me.

Once you find someone willing to let you shadow them, approach it with professionalism and a willingness to learn.

Id keep looking if it was not an approved short sale ( even an approved short sale takes a very very long time and theres no guarantee that you will even close on the house after months of waiting). q1)There are plenty of non traditional lenders that could offer you construction financing if the numbers make sense but it will cost you with points and a higher rate.

I just acquired one from a PM where they were charging a tenant a resident benefit package and a building protection plan.