We enjoyed our lake house for many years, but it has been very idle for the last 2 years. 

Not just a lender who can put together a loan document (they all can do that), but someone who is interested in your goals and can advise you in different strategies, downpayment assistance programs, etc that can get you going.From there your financial strategy and the local market will begin to steer you in a direction of homes available and that fit your finances.

Fix and Flip/Bridge Loans—No MInimum Experience Level DSCR Loans—12 Month Payment History For Primary Residence New Construction Loans—2+ Exits Within The Last Three Years You may quantify your experience easily by taking advantage of our experience template.

The number usually varies from 10-20% depending on credit score, property analysis, etc.Some lenders will work with any level of investor experience, credit scores as low as 660 and can close in as little as 10 days (there are loan options for 640-660 credit scores- they require 20% down).Another good thing is interest only and 6-24 month loan terms- you can refinance by selling or refinancing to a long term DSCR rental property loan at any time once you complete the rehab.Once the property is ready you can sell it or if you want to keep the property as a long term investment, you can underwrite the loan based on your income /debt to income (DTI) ratios or you can go the DSCR route where the loan is underwritten based on the actual or market rents from the appraisal.DSCR loans won't use your income to underwrite the loan.DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.Here's a bit more in detail about how rates are calculated for DSCR loans:1.

Goal is to hopefully have about 10 doors within the next two yea

I dont want to lose money if they back out at the last minute and then it takes me 2 weeks to secure another tenant. 

Our goal is to have multiple properties with positive cash flow over the next couple of years. thanks in advance!

I just had one last week, it was a broken smoke detector. 40 bux.Potential for Difficult Tenants JUST like cash tenants, screening is the key.Property Damage Issues JUST like cash tenants, screening is the key.Harder to Evict Difficult Tenants NO it's not, in OH anyway.Full-Paying Tenants May Turn Away NOT sure what this means?

Or if they’re truly always late offer to waive last month’s ent if they’re out by the 15th.

Our first goal is to acquire funding so we can start our first project.