Do not waste your time working with anyone who thinks your services should be free.

@Edwin Saldivar  We have a no seasoning product for non-owner occupied property that would allow you to pull cash out based on the new value.

They offer a background check / tenant screening service, which is paid by tenant.  

In order to do that you would need to use Non/QM, DSCR or a true Bank protfolio loan program.  

Depending on how your income looks, you Non-QM might also have to be an option. 

A LOT of distrress is leading to mergers and firings, in just the last few weeks, this happened: (Big credit to @NewsLambert)Lower to acquire Universal Lending retail and wholesale operations (11/1/23)Trustar Mortgage acquired by Archer Mortgage, LLC (11/1/23)People’s Bank of Commerce to exit residential mortgage lending (10/27/23)BMO Bank cutting 228 jobs in Northern California (10/25/23)Homestar Financial to wind down operations (10/25/23)City National Bank layoffs in Los Angeles total 71 (10/23/23)Hometown Lenders layoffs (10/12/23)First Savings Bank to lay off 135 mortgage workers (10/4/23)Wesley Mortgage absorbs competitor Colten Mortgage (10/4/23)Cenlar to lay off 85 in Ewing, NJ (10/2/23)Rithm Capital to acquire Computershare Mortgage Services Inc. (10/2/23)Wells Fargo cut 525 jobs in South Carolina (9/28/23)Better Mortgage lays off additional employees (9/22/23)The Graystone Company has acquired Direct Mortgage (9/13/23)Flyhomes to purchase certain assets of Home Sale Assured (9/13/23)Divvy Homes to cut 95 jobs in San Francisco (9/11/23)Farmers-Merchants Bank to sell three branches to focus on core mortgage business (9/11/23)It goes on…..The mortgage industry is in a starkly deep recession.And RIP refinances, unless you are holding an even higher interest rate loan (like a construction/bridge loan or hard money, or perhaps you just fixed your credit.

Here's a quick link for your access to everything planned via local government: https://www.fayettevillenc.gov/city-services/development-ser...As I drive through Fayetteville daily, I continue to see more and more local infrastructure improvements.

We have a minimum $300/month cash flow after debt service to consider a deal and watch for $400-500 as a preferred return.I amortize HVAC repairs over 10 years and bake that into every SFH, about $8000/10yr/12mo = $65 per month.

An example is a retail/service center I currently own with a couple of other investors.  

You would factor in the depreciable basis of the property(Purchase price + Improvements) at the time that the property is placed into service which is after the 3 year rehab was done.