I’ve helped a lot of new investors like yourself navigate this decision, so let me share a bit of what I’ve seen.A local bank can be great if you value face-to-face relationships.

Since I'm not really an author I thought lets keep it simple only useful info in this book no fluff or BS just stuff you will need to be successful as an investor.

For example, in Hampton, the average days on market increased to 39 days in September 2024, but this is still relatively fast compared to many other markets.- **Inventory**: Inventory is slightly trending upward, but it's still at historically low levels.

Is this common practice?

This is a great place to learn and to connect with people so take advantage of all the great resources.

There is a lot more paperwork for these traditional mortgages and they will probably take 2-4 weeks longer, but you could save quite a bit in fees and rate.Otherwise, DSCR or a commercial loan is the way to go.You may be engaging in overkill if this is your first property and you are trying to put it into an LLC.

It seems like it could work great in this scenario as long as the numbers work.  

She is on here, but for some reason I cannot tag her on this post.

This was the absolute earliest I could be funded. 

As long as the tenant receives it and signs a copy, you should be good.Certified Mail works because the Courts accept this as delivered even if the tenant never picks it up.