Hey Jon, Depending on the DSCR, property type, and your experience, you may be able to put as low as 15% down on a DSCR loan. 

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

. :) For now, we are just getting into flipping and are trying to run some hypothetical scenarios though a calculator to rough out costs and estimated ROI for our first wholesale flip.Thanks for any guidance you can provide!

I was at REWBcon this year and there was a vendor, Turbo Tenant, who said they provided pm software for people just starting out.

Any clarification you can provide would be much appreciated!

It all depends on how fast you can get them out!

So in your example, if I’m trying to keep it but allow me time to save up for the eventual down payment, I could provide 1) an upfront down payment (a percentage) and then what would be an example of how the deal is structured for the time that I’m “leasing” the property?

My advice is don't stop wholesaling as it will keep fast cash coming in and also provide you deal flow for your own acquisitions.

Depending on your credit history and reserve amount, some lenders may allow up to 85% financing on the purchase.        

Landlords worry that the security deposits allowed under the bill will not be sufficient to cover these damages.The presence of pets can lead to higher maintenance costs due to wear and tear, noise complaints, and the need for more frequent and thorough cleaning.Financial Implications: The bill prohibits landlords from charging additional rent or security deposits specifically for pets, which landlords argue is necessary to offset the increased risk and maintenance costs associated with allowing pets.Landlords may need to increase their liability insurance coverage to protect against potential issues arising from having pets on the property, which could lead to higher insurance premiums.Key Provisions of AB 2216No Blanket Pet Bans: Landlords can’t have blanket bans on common household pets without valid reasons.No Extra Charges: Landlords can’t charge extra rent or security deposits for pets.Documentation Requirement: Landlords must provide written documentation if they restrict pets for health or safety reasons.Pet Liability Insurance: The bill might require tenants with pets to have pet liability insurance.As always, I’m here to discuss how this might impact us as property managers and landlords.