They earned a hamburger and fries from FarmerBoys.

Hey y'all- I'm in the process of converting a workshop on our property into an ADU, and would love to chat with someone local who's done this or something similar. 

Maybe a more realistic goal is to start by earning your first $100,000 or $1m and then reevaluate.

Hey guys, im located in Phx,az and would like to invest on my first property here, I would like to know what are my options, I am self employed and bring in about $4k a month (mostly cash )no paper work to trace my earnings (im in the car selling business)  , experian score 630  1 delinquent acct but it was paid off many years ago, Ideally i would like to put down $10k to $15k tops, what interest rate do you all think im looking at.

Am I able to get out of the FHA loan and refinance into a conventional, investment loan, and what would that process look like?

There are no prepayments on these, and the underwriting process is a lot quicker, but you will be paying a higher rate than a DSCR loan.

They are NOT intended to save you money and you are adding more parties into the process of making repairs which is always more hassle. 

I would try to turn this into a constructive conversation about (A) how their process works, and (B) over what threshold you need to approve.  

Thoughts on seeing the new builds through to a decision or signing now and pay for their expertise and assistance through the process. 

Our role is to simplify the selling process for sellers.