DSCR loans are great options when the borrower has good credit and the deal is really solid.

@Andrew LaxWishing you the best on the sale of your portfolio!

I plan to put two duplexes on the property but with this high appraisal is there a smarter thing to do to pull that money out of it or just use it for better collateral for the construction loan most banks will lend on the transfer price within a seasoning period. we face the same issues for land entitlement and development.

It's frowned upon by EVERYONE in the industry.

If the landlord had evidence that the property manager hadn't checked on the home for two months, then maybe they would have a case.

Negotiating with the seller was straightforward, leveraging the property's condition to secure a $50,000 purchase price.

I will probably buy the audio version.

Usually you make a few points at closing and then the interest-only on the loan monthly with the principal coming due at maturity. 

Current landlord couldn't pay the upgrades so we offered to do the upgrades until the sale was final and not pay any rent in the process.

@Coty LeBlanc I originally used it as a set it and forget it tool and it was better than not having I suppose, but then I really dug into training and learning and I saw 50% increase in one property and 20% in the other.