We are relocating and would love to find a source for these loans in our new area. 

Information on this area is a little lean and most seem to be operating solely as STR's.Thanks!

Just having vacant rooms in a rental house doesn’t qualify unless one of you is actually running a separate business from home and using that space solely for that purpose.Since your main activity here is renting out bedrooms (house hacking), those vacant rooms would typically just stay part of the “personal use” portion until they’re actually rented.

He has been one of our strongest lead sources, leveraging his connections and deep knowledge of the Greater Houston MTR market.

Check out this chart: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyMake sure you understand the Class of properties you are looking at and the corresponding results to expect.Metro Detroit has 132 cities, the City of Detroit 183 Neighborhoods, which we’re analyzing and classifying.

I'm an investor-focused agent in Memphis and I'm happy to help source some good off-market deals for you and connect you with trusted property management and general contractor teams that we've done a ton of work with.

Check out this chart: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyMake sure you understand the Class of properties you are looking at and the corresponding results to expect.Metro Detroit has 132 cities, the City of Detroit 183 Neighborhoods, which we’re analyzing and classifying.

The value add is the only significant source of return.  

That’s what gives you credibility with referral sources and keeps everything compliant.Either way, demand is strong, and done right, it’s a win-win for investors and the community. 

Data source: Zillow