True asset based hard money lenders that do not consider the borrower's creditworthiness typically are a lot more expensive than we are.So, to me, I usually tell people that the primary difference between PML's and HML's is cost of capital.

That's some good stuff right there!

If you had a paid off rental house, and others with mortgages, and you wanted to use the equity in the paid off rental for a cash offer on another property, how would one do that if the DTI ratio doesn't work due to having too much credit utilization with the addition of the new loan.

 Hey, This is a unique situation, I purchased my second property in June 2024, a single-family home that used to be a duplex, and is still zoned as a duplex ( remains 2 addresses).

Generally speaking, the townships surrounding KCMO are more favorable to BRRR-MTR.

That focus on ethical management and resident well-being is inspiring!

Hello Fellow BP Members,I am excited that I found my first property for an STR but stressing out over the lender not meeting closing deadline.

Others are in my name, managed by me.

I've also seen that rents in Puerto Rico provided by the government are substantially less then the states. 

If they are VERY professional, they will have their processes in writing as verification that it is enforced equally and fairly by their entire staff.6.