@Eli Kim Solid progress!

Applications rose 14.1%, driven by a 20% jump in refinances, and refi volume is now up 183% year-over-year as rates hover near 6%.

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

One way to improve your chances of closing is to make the process as easy and frictionless as possible—clear photos, upfront pricing, flexible lease terms, and maybe offering an easy online application or instant booking if it’s short-term.

I not only found (and kept) amazing tenants but also took out a home equity loan (through Figure.com) from the San Jose property at really good rates (whole process took 5 business days from application to money in my bank).

You can’t reject the application because the occupants are elderly or disabled, but you can set clear rules around occupancy limits, property use, insurance requirements, and who is responsible for supervision and care.If you consider moving forward:Require proof of business licensing and insuranceConfirm zoning and HOA rules (if applicable)Make sure the lease clearly defines permitted use and responsibility for damagesTalk to your insurance provider before approvingThese setups can work well when they’re done legally and professionally, but when they go wrong, they can create liability and insurance problems quickly. 

Happy to give updates as this one progresses 💪

With due on sale mortgage covenants beginning in 1979, stricter enforcement of “creative” mortgage applications; shakeout in the title industry closing “investor friendly” title companies; and strict consumer fraud legislation 95% if “Nothing Down” is no longer applicable.  

I like to see applicants that have at least 6-12 months at their current job.If you're not confident in the renter, you could ask to have a guarantor/co-signor, although I generally avoid this.

That will remove the burden of upkeep and may provide funds to support a comfortable lifestyle in a senior community.If she is having memory problems that is a progressive condition and now is the time to set her up in a place that will be manageable for her changing abilities.