GOOD LUCK IN YOUR CHOICE

Everyone can't buy a 500k house, ain't gonna happen.The 2nd point - the whole "this time is different" because of no Subprime, etc, is flawed, when we were listing REO's right up until 2019, at LEAST 50% were people with good loans, who strategically defaulted. 

The owner made a bad choice.

Some wholesalers use a transactional lender on every deal regardless of their scenario and some wholesaler will only use them when they have no other choice, meanwhile others will use this lender on a case-by-case basis.

He didn't really have a choice in the matter, as in addition to not abiding by my written lease, this guy was also violating the Borough Zoning Code with respect to disturbing the peace - which was included as part of my evidence.  

Sites such as Airbnb allows a screening process of your choice.

I currently live in a much bigger home (not by choice but due to circumstances during the pandemic) and the lenders have difficulties understanding why I’m choosing to downgrade into such a smaller home.

I am working on treating this like an actual business and have started putting together a strategic plan, lists of company-specific to-do's, and other business centric needs. 

So if there is a way to gameplan or strategize a way for an investor to be able access conventional loan rates instead of DSCR loans – that means a lower monthly or more buying power for the investor.

There is a tremendous number of options to choose from that can make it a little overwhelming, so I’ll walk through some items you’ll want to consider before choosing which asset class is right for you.FamiliarityPicking an asset class that you have personal experience with can be a great choice.