Additionally, for rate-term refinances, many DSCR lenders have no seasoning requirements at all.Easier qualification: DSCR lenders have much lighter qualification requirements than conventional or portfolio lenders, such as no DTI, income verification, or tax return hurdles that can slow down or disqualify loansFlexibility: While conventional and bank lenders are heavily regulated and follow standardized rules, DSCR lenders have much more flexibility and control over their guidelines.

As others have said, in addition to looking at reviews; check their socials and who they're connected with.

Yes made a few great additions to my team.

But if I did that with a hard money loan, then I'd have to get an additional loan and pay for additional loan fees vs already just being in a 30 year mortgage.Given that my projects are under a year, the years worth of interest is far less than the traditional 10-11% flat interest I'm paying with a HML.I don't need the money to fund the renovations.

In addition to the tax on your appreciation, you would also have to recapture any depreciation taken on the property since you've owned it if you do not do a 1031.

Additionally, don’t forget the upfront costs of furnishing and setting up the property for rental use—budget at least $10,000 to $20,000 for furniture, décor, kitchen items, and photography.

Should i ask if the tenant wants to find a room-mate that could be added to the lease with additional rent... not sure how to proceed. 

Hey BP community,When you're running the numbers on a flip or BRRRR  especially one that involves layout changes, additions, or ADUs  how are you estimating the cost and time for architectural drawings?

Quote from @Tim Cornwell: @Jay HinrichsI don't think HB1110 is the ultimate solution to all our housing problems, but it feels like it will allow for some additional housing and infill to occur where it wasn't allowed previously. agreed some housing but reality is quite different than what urban planning nirvana envisions.

I seriously doubt that a tenant running a business on your property would not expose yourself to additional liability.