We don't have them recorded, just signed as another layer of protection. 

My markup is always lower than the original lender's because I don't spend money advertising during the Super Bowl, my president doesn't have a corporate jet, and we don't have layers of management we need to pay.

I have followed the Bigger Pockets podcast for years, especially when I first got my real estate license and got my first deals under my belt in 2021.

If the RV is not permanently affixed and retains mobility, it is considered personal property and depreciated over 5 years under the Modified Accelerated Cost Recovery System (MACRS).

Many don’t track this statistic as closely as they should which is why many lenders go under.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

We work with lots of clients from both coasts, but especially from CA, helping them find investment properties with residents in place under 2 year leases from day 1!

I currently have a 4/2 SFH/LTR/Section 8 house under contract and I am getting quotes for property insurance.

One of my clients had a $1M deal under contract where they needed to do a $300k raise. 

Do you have it under contract?