Plus, she didn’t have to deal with business hours.. if something came up at midnight, she could take care of it.That said, there’s no perfect answer.

I think Chris nailed it perfectly - you have to take your DD to another level and also be in a position, both financially and contractually, to take control of the situation if the borrower defaults.

Don't wait for the perfect deal to come up, the most important thing is to get started.

They're perfect for people who might have inconsistent income or don’t want to deal with the strict requirements of conventional loans.

I don't see how they get away with it but maybe some buyer's agents are not helping their buyers with due diligence and inspections??

Filing/recording the mortgage is what establishes the creditor/lien position and puts your ahead or behind other creditors who may be using the same property as collateral (secured and perfected vs secured but unperfected).

Most of my places are romantic getaways.

It's not perfect, but I like to read the reviews from residents on the site 

A conventional loan may come in slightly cheaper, that's true, but the red tape on conventional mortgages is excessive to say the least.No Reporting on Personal Credit: DSCR loans are kept off your personal credit profile, which is perfect for keeping your personal and business credit separate.

Hello all, I have a family member that has a decent property 4bd 2b  2 car detached garage on about 1-2 acre value is around $230–250 and if cleaned up and in perfect condition $300+.