If you use keywords like Chicago, Atlanta, Elgin, etc. investors in your area will be able to help you better than those like me who don't know your area very well.

They wouldnt do the deal because I don't own my primary residence.... seems odd to not lend on a 1.4 DSCR property700+ creditI've been a landlord for 6 yearsThis is my second BRRRRMake $100k per year.I dont own my own residence because I moved from Pa. to Fl. and am renting until I find an area to live more permanently.Luckily the asset and my personal finances were enough for other "asset based" lenders to do the deal, and Lending one lost out on future deals.

In fact I'll be visiting Fort Wayne to explore from 7/20-7/23, drop a line if any particular area/places I should check out!

Looking for high population growth areas, with high jobs growth.

They have a place they could potentially close on by the end of the year, but its new construction and the closing is subject to change based on the builder (and the area was just in the path of Beryl, so that timeline could have been impacted), so if that's the only thing they're thinking of exchanging into, I'm inclined to suggest they consider consuming the losses now for simplicity's sake, especially if the exchange timeline can't be guaranteed to work out.

We have an investment in College Station, TX and since my wife and I attended school there we are very comfortable with areas where renters and students want to be.

Since you live in the area you know the neighborhood better than anybody.

However the grey area for me is wondering if I need to assume the entitlement or can she keep it in the loan so the 1 year occupancy is waived and I can rent out.Mom does not own a primary residence but she certainly could if she’d like too.

:)Oh, and of course ... for any Prop Mgmt co's in the Dallas / Collin County areas... we'd be happy to work with you!

I live out of state (in Washington) but have a few rental properties in the Atlanta area that are managed by a property management company.