Now they added 2 additional security.

I’m working to refine this process as I’ve just gotten professional photography done of all my buildings and I’m working to get a website and a link to an online application that I think will increase the number of actual applications I receive.

Conventional financing, buying with cash then refinancing after rehab, partnering if needed, heck even using hard money might be preferable here rather than taking on the additional risk of using subto, without much benefit because of that high rate... 

It is always wise to have some additional capital on the sidelines to help advance your projects rather than relying solely on the bank draws but one month is beyond reasonable.

I recently received a personal property tax return. 

Additionally, for rate-term refinances, many DSCR lenders have no seasoning requirements at all.Easier qualification: DSCR lenders have much lighter qualification requirements than conventional or portfolio lenders, such as no DTI, income verification, or tax return hurdles that can slow down or disqualify loansFlexibility: While conventional and bank lenders are heavily regulated and follow standardized rules, DSCR lenders have much more flexibility and control over their guidelines.

Now my own mortgage is paid, new HELOC and new property mortgage is paid which leaves me no additional cash flow.

These initiatives make it easier for you to purchase a property with less money down, increasing the viability of house hacking.Strategic Property Selection: Pay attention to assets that offer prospects for value addition and have a high rental potential.

I think NC is one of the few that negotiate due diligence money to seller in addition to earnest money deposit. 

If they are retired and receive Social Security or Pension income, you won't ask them for pay stubs or W2s - just report back here and we'll tell you what to ask for.