Watch the laws if you rent to students because Narragansett has had some conflict.

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

On top of that, I watched Zach and Rick’s videos, which are great resources and completely free.

I have also read and watched Scott's video on this link https://www.biggerpockets.com/blog/biggerpockets-money-podca...

Can you imagine taking a couple days off work, looking for a new place, paying for new applications, putting down deposits, renting a moving truck, finding friends to help you move, paying to clean your old place, and so on to “Save” $300/yr? 

My question is  can the buyer of bank notes, requrest the origenal loan package and if applicable loan modification files as part of the note purchase?

But… we already had that requirement; houses with four or more bedrooms have needed an approval for extra bedrooms for a few years now.All that to say, I’ve been watching it closely and even I have no clear answers on what’s what.

I used the standard Massachusetts Lease Rental application and it didn’t have any language regarding such. 

@Kyle Carter we manage around 700 doors, with 92 of them being S8.When S8 applicants are properly screened, they can statistically perform a decent amount better than cash-tenants.

Hey Qusai, I see you’re dipping your toes into the world of assignment contract wholesaling, and I’ve got to admit, watching someone from a background in finance tackle this is like seeing a chef turn leftover veggies into a Michelin-worthy salad.