When I started asking specific questions this is what he replied:"There is no points the only fee paid is the down payment for loan registration process fee which is paid after the signing of the approval letter also we will need a proof of residence like ssi document, water bill etc. for proper verification of were you stay."

Typical mortgage rates follow the 10 year treasury almost identically, but for watching trends in the DSCR world the 2 year treasury will more similarly mirror pricing (plus a spread to manage risk).Happy to give some more context or ideas if it might be helpful for you though.Thanks for the sharing this information.

They are nearly identical to conventional and DSCR lenders don't charge origination... it's only the $1500-$2200 for UW and Processing.  

BUT, i have a very strict criteria for leasing (credit score, income, no prior evictions, employment verification, no criminal record).

One thing I’ve been exploring is a streamlined screening flow:- Applicant uploads docs directly in chat-first UX- Instant ID/income verification on the backend (need to figure out how this would be automated in a chat-first UX)- Clear status updates (push notifications on phone) so landlord / applicant know exactly where things standThat way you’re not chasing paperwork for days, and they’re not left in the dark.When you’re screening now, where do you hit the biggest wall—actually confirming someone’s identity, verifying income, or spotting red flags before they move in?

You can also usually use 110-120% of market rent if you do have rent verification.

They make identical income but she’s relatively vindictive and super bored.

@Brett CarpenterI am in the same boat as you and looking at the same strategy almost identical ideas.   

Adding properties is more of a hobby than a goal or sense of accomplishment/purpose/identity. 

Underwriting & TimingNavy Fed underwriting can be stricter on income verification and may require additional documentation since the loan is riskier with no money down.Timelines vary, but expect 30–45 days to close if everything goes smoothly.4.