I find that it's very rare that a lender will actually close at this amount of leverage because they would typically be putting up a much larger amount of funds than the property would be worth at the time.Has anybody actually worked with a lender that did fund based off of the LTARV?

You must be available to assist your clients.PS - Many agents make far more than $70k per year..... :-)

It took off months later with many of the new buyers in the market consisting of NYC residents looking to get away from such a huge metropolitan area and into a NJ suburb in time for the next catastrophic event.

If you think they'll shrug you off, you'll be surprised.As you figure out the best strategy for you and what these deals look like, you can start meeting with investor-friendly agents to help guide you further and start analyzing deals. 

You would never want to put off replacing something until it becomes unusable. 

I want to do both cold calling and sms texts to find off market properties that i can wholesale.

A DSCR loan is underwritten based off of the applicants credit and an appraisal rent schedule. 

@Greg CobbThis appears to be some sort of knock off of my company with a poor attempt to gain some traction from our marketing campaigns by using a similar name. 

The ACH transaction itself takes 24 hours or less, as far as money leaving the tenants account.

Hey @Adriana McLaughlin - This is actually the FIRST TIME I have heard of the term "ALL-IN-ONE-FIRST-LIEN", but after doing a little bit of reading on it I am not sure I still completely understand.Basically, you apply for a HELOC credit payoff your existing mortgage with this variable HELOC and then in theory have some leftover as well...so the advantage is paying off your loan early and getting access to a line of credit, but the disadvantage would be a variable rate mortgage for the reminder due on your orginal first mortgage?