All we ask is that you reach out directly to make us aware of the situation so we can review all available options and to fully understand what your goals are.

So, common sense would also suggest that method may limit your business in states where that form of logic doesn't work.

Is this a common practice or are there rules against doing so?

So apparently many insurers won't give us insurance for a property that has students (undergrads or grads) living in it.

I am working in a couple of 10,000 person cities and looking for very specific types of properties (3-10 or so unit properties).

@Dustin TuckerThank You so much for your response and insights.

Typically companies like this actually want stuff like this reported so they can see if its a bug or what is going on with their system.

Rates/terms depend primarily on the DSCR ratio, LTV, and FICO so it is hard to say without looking at the numbers.

That has been talked about forever.While I mention that I would agree Springfield, west Alexandria and Annandale are ripe for a huge boom as on the Virginia side it’s the one area that does not have great metro access so the cost of housing is considerably less than abutting downtown Alexandria / Alexandria-FFX county and falls church.

I got the property for under market value so I believe there is potential to BRRRR this property.On the day of closing I did a walk through and met the tenants of the other side.