However, between the work-from-home ability and the recent crime spike in D.C. post covid, many businesses have moved just outside the city to areas like Alexandria and Arlington, which in their own regard already had thriving business environments.This macro trend, along with the massive amount of economic and infrastructure development happening in Alexandria will lead to massive rent growth and home price appreciation over time. 

Selling it for more money than its worth to a borrower who cannot afford it will lead to you needing to foreclose in 3 years and deal with all those headaches and a trashed home. 

We like to cast a wide net and get as many leads into the funnel as possible.

Guys like Pace Morby will tell you it’s not rocket science.The “learn-as-you-go” mindset can lead to costly mistakes that are avoidable with the right foundation.

Slightly less bookings, way less lead times, prices have dropped.January 2025 is promising relative to how 2024 has played out. 

Leads that seem dead today might turn into gold tomorrow.

I had a lead inquire about this property and the listing already says multiple offers, but then 130 days on market so far. 

Likely leads to more success.The purchase and sale contract for purchasing a note and security instrument (mortgage/deed of trust) is not the same as real property.

Its a tough subject because logically, they are joint and several guarantys so rationally a 100% guaranty from each of two people (one 740 one 680 for example) is ALWAYS going to be better than just one 100% guaranty from someone at 740 (so it wouldn't make sense to have a better rate for the latter)The problem is that there is fraud and "straw borrowers" out there where someone who is not involved in the property signs on to boost score and terms - so many DSCR Lenders in response either do the "non-rational" thing and price to the lower to avoid the fraud or use the higher of the two (and either be a little loose with things or just stay vigilant on any funny business)

You can refinance sooner than that but you'll need to paper trail all of the improvement costs that lead to the increase in value.