Also the customary caveat, I'm not an expert or adviser of any kind so use at your own risk (and peril).

The selling agent asked for a Desktop Underwrite (DU), but my credit union advised not to provide it.

I'm considering renting out each bedroom separately but want to get some tips an advise on leases, check-in/out, etc.

Yes.It sounds like you could use professional assistance, but it would be nice if you could get the guidance for free.Airbnb pays "Airbnb SuperHost Ambassadors" to guide and advise new Hosts, with no cost to the new Host.  

I spoke to my lender and they advised me to wait a year or 2 before applying for another mortgage since I just purchased my primary residence.I was thinking of looking into a Hard Money loan instead of traditional lending in order to start this project, in hopes of selling the property once fixed and paying off the loan.

Lots of money to attorneys, lots of time lost and you still have a house that needs fixing.One word of caution, be careful of who you take advise from concerning the HVAC and drainage issues.

Hi BP community, which one would you advise to be the next move for financing of next investment property, given the following options: 1.

Disclaimer - I just know about it - I’m not involved in it - but can at least advise…Most of what you are seeking are called hard money lenders.  

I advise they take it up with their bank and make sure they tell the bank the costs they have incurred.Surprisingly good tenants always seem to take it in stride and the PITA tenants always get upset when I impose a fee.

Also, Rome is one of the only places I've seen that has consistent inventory below $100k.Word of advise, If you're investing out of state there I HIGHLY reccomend spending a week or two there to see/understand the market.DM me if interested - happy to point y'all in the right direction.