Rental Property Loan Request Package - March 2025 Street Address Bed/ Bath/ Sq Ft Purchase Price Auction Fee's & Taxes Estimated Reno Cost Cost Basis Loan Request ARV Property 1 3/1 1008 24,750.00 2,830.26 77,500.00 105,080.26 78,810.20 Approx. 100K Property 2 2/1 1065 16,000.00 2,369.40 37,500.00 55,869.40 41,902.05 Approx. 80K Property 3 3/1 1189 24,750.00 3,070.49 58,560.00 86,380.49 64,785.37 Approx. 100K Property 4 2/1 793 32,250.00 4,056.79 37,000.00 73,306.79 54,980.09 Approx. 80K Loan Request Summary Total Cost Basis: 320,636.94 Loan Request (75% LTV): 240,477.71 Total ARV: Approx.360, 000 Annual Financial Projections Rental Income Property Tax Insurance Maintenance / Vacancy Estimated Mortgage (15 Fixed 8%) 17,076.00 -1,577.00 -498.00 -1,704.00 -27,600.00 13,404.00 -1,375.00 -601.00 -1,340.00 17,076.00 -1,150.00 -651.00 -1,704.00 13,404.00 -1,365.00 -531.00 -1,340.00 Financial Summary Total Annual Income: 60,960.00 Total Annual Expenses: -41,436.00 Annual Profit: 19,524.00 Cash Investment: 110,076.94 COCROI: 17.74%  My recommendation would be to sell all of the properties and buy properties that have an ARV of atleast $150k so you can get 30 year financing on them.

I have asked numerous times to send me official bank statements, receipts of work completed, master insurance documents, etc. and have received a few emails with word document summaries.

(The TLDR summary: Housing as an investment produced good long-term returns with less volatility than equities for many countries over last 150 years.)Note: Here's a link to one version of the paper: The Rate of Return on Everything, 1870–2015 | NBERIn any case, that research suggests real estate is a really good investment.

I built an AI Agent that does this, searches google, contacts the vendors, gets availability, gets quotes, handle all back and forth communication, then gets back to me with suggestions, price, reviews and summary of the conversation.So yeah, I am super pumped by AI's application in the field 

Both buyers and sellers should stay informed and consider these elements when making real estate decisions.In summary, Florida’s evolving housing market presents a favorable environment for buyers and investors.

In Arlington County, VA, the real estate market has seen notable changes from January 2024 to January 2025:Listings: The number of listings increased by 39, a 19.7% rise, from 198 to 237.Listed Median Price: The listed median price went up by $17,400, showing a 2.25% increase, from $772,500 to $789,900.Units Sold: The number of units sold increased by 2, a 1.59% increase, from 126 to 128.Sold Median Price: The sold median price decreased by $54,250, an 8.38% decrease, from $647,500 to $593,250.Summary: An increase in listings indicates a rise in supply year over year.

Hi,Summary: Two questions, one is on charging for texture, the other is charging for painting...I have nice cordial tenants that rented for 4 years.

If you're able to download the SPD (Summary Plan Description), there will be a section pertaining to loans where you could find out and know ahead of time.

Summary TableCriteriaSecond HomeInvestment PropertyIRS ClassificationPersonal use >14 days/10% rentalPersonal use ≤14 days/10% rentalLender Occupancy RuleMust occupy part of the yearNo occupancy requirementRental Income UseNot factored into mortgage approvalUp to 75% can count toward approvalDown Payment10-20%20-25%Tax ReportingSplit between Schedule A & EAll on Schedule E

The residential lease market in Washington, DC, from January 2024 to January 2025 has experienced some changes:Units Listed: The number of units listed decreased by 78, a 15.92% decrease, from 490 to 412.Listed Median Price: The listed median price increased by $175, a 6.19% increase, from $2,825 to $3,000.Units Leased: The number of units leased decreased by 58, a 19.86% decrease, from 292 to 234.Sold Median Price: The sold median price increased by $100, a 3.51% increase, from $2,850 to $2,950.Summary: A decrease in units listed and leased indicates a reduction in supply and demand year over year.