What I am trying to figure out is if I should continue making repairs and attempt to make it cashflow positive or fix it up to sell.Current Issues: Leak in basement and retaining wall by the driveway that need repair.Minor Issues: Water pooling in backyard, deck could use work (functional, but not pretty)Has anyone had any similar problems?

Hi there, I got as call yesterday from the property manager on a roof leak in one our SF properties.

Had a massive hot water heating leak under a tub that they fixed for the $35 call out fee.

They're like German roaches or an impossible water leak, but if you have $350k, not making you money then do it!

House was recently broken into and all copper pipes stolen out of basement causing a water leak.

So the memo was a surprise and we had to scramble to Lender B.So yes their are 4 lenders like Velocity I know of...and they all offer 30 year Amortizations on a Stated (No Doc) loan.

Does anyone know of no doc or low doc loans being offered?

Anyone answering here is just guessing what might be in your loan docs. 

For investor products a lot of National lenders have good opt I especially in the low no doc realm.

if you include the processing, underwriting, credit report, doc prep fees)75% LTV1.11x DSCR30-year term with IO for the first 10 months Prepay is unclear but assuming "Hard 60 Months" = 5% for five years (another reason this is a rough/shady TS - its not clear at all what the prepayment provision is - nobody knows what "hard" means)I don't know the exacts of the deal, but the pricing is also poor in my view, we would probably be around 8.25% with the 4.35% points or with a more reasonable 2% fee (instead of 4.35%) if at the 8.875% rate.