The plan was to gain more experience with a few more lower maintenance type single family deals before moving beyond that.I definitely don't understand the multifamily market, looking around, it looks extremely overpriced.

Currently I am trying to get through the process with Flagstar but I am hitting a wall with my DTI and they are stating they are unable to use the income from Airbnbing as part of my income even though I report it.Any help is greatly appreciated!

Now they are waiting for the appraisal so they can complete the "Refinance" part of the process

Hi everyone, I'm planning to move to Cleveland,Ohio and had recently purchased a property.

If you are new to the landlording process I would suggest that you get as many paid applications as possible. 

However, it *should* still be faster than 5 business days of processing.3. 

I would plan to sell this property when the tenant is no longer ready to renew.

There's < 2 months of seasoning for the purchase, cash into the deal is ~$975k w/o rehab (minimal planned so far - turnkey), purchased the property for 35-40% below assessed value, 825+ FICO, and would optimally like to pull out $975K-$1.15M of equity.Main scenarios we've thought of to accomplish this are: 1) structure sale of property from SMLLC to self and secure 30-year new purchase financing on deal (unsure if legal and tax implications if above initial cost basis)2) delayed financing (LTV restrictions a concern)3) cash out refi (seasoning concerns)4) DSCR (seasoning and rate competitiveness concerns)5) one of the above plus a HELOC, personal loan, etc.?

I recently purchased my first property that I plan to BRRRR, and had used a homestyle renovation loan which allowed me to use a bank for the mortgage and rehab.

. - My wife and I have very good jobs and I have no doubt we will always pay our dues to the seller, even if the property doesn't rent for 3 years- The seller (an LLC) has done multiple Contract for Deeds and has their process down.