;(- if as-is value is less then the balance on the mortgage + arears OOOPS you need to have the owner work with the bank, you as the investor buyer AND a short sales expert often an agent work the tedious and usually failing short sale process. 

I just need to educate myself more about the lending process.

I am interested in talking to someone about the process of funding via DSCR the acquisition of a property currently being run as a PadSplit.

Could you explain that process?

Fractional TICs give owners the financial independence that has been associated with condos, without the need to wait for a condo conversion, a process which can take anywhere from 2 to 10 years depending on the specific requirements for the subject property.

It is a 6 to 8 month process, could be longer.

It ends when they AND their stuff is removed to the level that allows you to begin the re-rental process. 

I'm just starting out with a STR and I'm in the process of vetting companies for tax strategy and asset protection. 

However, I do rely on my trusted network of local professionals for different parts of the process.

I use a loan servicer who processes the borrowers payment and then sends to me.