(DKMC) (2/1/24)Crescent Mortgage Co. to shut down, lay off 65 employees (1/31/24)Heritage Bank to exit retail mortgage lending (1/25/24)UMortgage acquires Community Mortgage Brokers (CMB) (1/22/24)Country Club Mortgage to let go of 105 employees in Central California (1/17/24)Wells Fargo mortgage layoffs (ongoing)Truist Financial to close bank branches, cut mortgage jobs (1/8/24)Kinecta Federal Credit Union layoffs in El Segundo, CA (1/3/24)But are there any serious concerns in the Mortgage Market?

Some documents include loan application, credit auth, purchase agreement, recent bank statement, property insurance, title documents, entity documents and renovation budget. 2) What interest rates should I expect for Fix & Flip, renovation, and BRRRR properties?

We are fortunate to have our 12-acre property and house fully paid off, with a credit score in the 800s and minimal outstanding debt.

Totally depends on the area of course.

I don’t get credit for the Meet-Up that’s advertised on the attached pic, but it happens to be scheduled for tonight.  

Return is 35-40K per year . or 300 cashflow after setting 300 aside for future maintenance and repairs.. that is of course if i can rent it for the 1600 . if it drops to 1500 well then its still 100 over that 300 im saving every month.what do you think now ?

Of course, this assumes your strategy and goal is to scale into more / larger properties. 

Of course in DE we have to give 60 day notice and not 30 (suggest you check this is as well for NJ) 

@Chetan Malik sounds like you have Class C and D properties.We manage Class C in Detroit, but do our best to stay away from Class D.Class C for us, goes down to a 560 credit score.

Right now we don't even have credit scores.