I’ve survived this biz for 35 years without losing investor principal, across many adverse market cycles, and I couldn’t do that by taking on much “wipe out risk.”

I hope that makes sense!

Hope that helps! 

HI Lisa, Hope you are doing well.

Would love feedback/further ideas of what people are seeing or hoping for:What's Next in DSCR?

Trustee service is unaware and the crier cries the sale only to have your funds returned. 2. late reinstatement  person losing it reinstates the loan late the day before or early in the morning same thing trustee service does not have notification and sale goes on only to be cancelled.3. pre foreclosure buyer like me snags it the day before or morning before IE I reinstate the loan and file my dded.. sale cancelled. 4.

I am trying to use PayScore combination with TransUnion full check, will also call the work numbers (lately it's becoming hard to validate with fake work numbers ;) )  Yes, we will be asking for security deposit + Last month rent with 700 FICO, hope that helps to get good tenants.

As with any legislation and regulation, there will be give and take as we balance all the issues but hopefully we see this slate of bills scrapped or substantially reworked.

Hope to talk to you soon!

I hope you have a fabulous day.Best Regards,Yong-Jin