However, a common misconception is that these loans have no effect on future full income documentation (full doc) loans.The truth is: Even if a DSCR loan doesn’t show up on your credit report, lenders will still consider its impact when assessing your ability to qualify for future financing.

"Financial Advisors" tend to be glorified stock brokers.

If you rent rooms and document it for taxes, after it's on your tax returns for two years you'll be able to use that income in future as "boarder income" 

They literally went through each operating agreement and prepared an email listing out each member of each LLC and clarifying they each had to guarantee the loan despite the fact none of those entities were even being used for the purchase (which was previously explained to Dominion Financial). 

This makes you exposed to the biggest financial pitfall that comes with owning a rental property...vacancy time (the amount of time your property does not have a tenant).Setting your rent a couple hundred above market rate is not a vacancy issue.

Our investors are busy professionals taking control of their financial future while still making an impact in patient care.

Most investors using baselane aren't accountants or financial advisors.Being able to edit Chart of Accounts, add or remove, is very useful.For instance, I have a client that owns rental properties and build construction homes.

It's not for everyone, but it has its place and if you're already solid with your financials, it's a good addition to get your mortgage paid off QUICKLY.

Looking for some feedback if anyone has used Launch Financial Group for their DSCR loan on STR.

If there is no motivation to keep their credit in line or salvage their financial future, they might just be OK with waiting things out and roll the dice.This is a numbers game so you'll want to have several potential sellers in your follow-up at any given time.You should also connect with attorneys experienced in short sales and pre-foreclosures to leverage their experience and knowledge.