A DSCR loan is a long-term loan with rent-ready conditions and uses the rental income to cover the expenses, including the loan payments.Both are asset-based loans, but only one is a DSCR loan (the rental loan).

What screening company address should be included for applicants whose screening reports were run through Zillow?

There is an esign feature that will send to every recipient, including yourself

When you include utilities in the rent, you incentivize them to be wasteful. e.g. leave water running or leave AC on.

Mine just says, Tenant agrees to maintain indoor temperature of unit at no less than 58 degrees during the entire period of outdoor cold weather, including during Tenant absences of any length.

I’m looking for a way to document all basic and financial details of each deal we purchase (downpayment, how we funded it, lenders used, mortgage, interest rate, rent, cash flow, when it was purchased, partners included, etc).

Hey Leonard, Kudos to you for jumping into the game!

A couple of problems with this: The seller is asking for a price that includes what the property could potentially do, not based on actual.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.

@Jaryn PiersonDid you purchase and sale include the design?