My understanding is if you live in the residence yourself for a year and a day, you can get a traditional mortgage as it’s not considered an investment.

Reading the answers definitely help me to clarify my choice of maintaining multiple accounts!

I personally choose to utilize the traditional LLC for my first few properties and it has treated me well.

We’re one ofthe few property managers that require W-2’s and a bank statement and we go way beyond the traditional, “income must =3x rent” qualifier.Below is more information about what our Applications Department does to screen applicants and find the best tenantspossible for your property.Required InfoWe require the following from each applicant over the age of 18, that is not a dependent of anotherapplicant (as evidenced on a tax return):Copy of acceptable state picture IDRecent YTD paystubRecent W-2Recent Bank Statement, all pages, no info blacked outRecent tax return if self-employedApplicants are often slow about turning this information in, asking us why we need it and then takingseveral days to submit.

The TransUnion "ResidentScore" is similar to a traditional credit score but is tailored specifically for rental screening.

He sees platforms like these taking over traditional OTAs because they’re more immersive and shareable.

I wonder if I could reach out to any local brokers who would know of investors that perform these loans, since none of the traditional lenders do.  

Hi, yes you made a great choice Ohio is a great place to invest in real estate.

I did not have much luck with traditional banks even though my partner is a GC and has done multiple additions and garages.

We’ve talked to a couple Saskatoon realtors and are active on their listings, but are still unsure if we are making the right choice.