They also use automated appraisals so can be as quick as 5 day fundings.

When I purchased the property, the 3/2 unit was rented for $3,000 and the 2/1 was rented for $2,000.Unfortunately, the 3/2 tenant had to be evicted, but after regaining possession I completed a light rehab, cleaned up the unit, and was able to rent it again very quickly due to the strong rental demand in the area.

If AI is deployed too quickly, layoffs could happen faster than workers can adjust.

Hi everyone,I’m looking for some direction on next steps and would really appreciate collective guidance from this group.Here’s a snapshot of my current situation:Portfolio2 single-family homesOne is my former primary, now a rentalOne is my current primary (previously an investment property)2 three-unit multifamily propertiesEach worth approximately $1MOwned 50/50 with a partnerRecently refinanced at 75% LTV, 7.1% rate, 3-2-1 prepaymentEach cash flows about $800/monthFormer Primary (Rental)Rent: $6,200/monthMortgage: ~$7,400/month (FHA loan at 6.625%)Value: ~$1.1MNegative cash flow of ~$1,200/monthI did a cash-out refi ~2 years ago (pulled ~$200k to fund multifamily investments), which raised the rate from ~3% to 6.625%I’m unsure whether I’ll realistically be able to:Refinance into a better rate or out of FHA in the future, orIf selling once the tenant leaves is the more prudent option to stop subsidizing the propertyCurrent PrimaryPreviously held in an LLC as an investmentHigh interest rate (~11%)Now in the process of a rate-and-term refinance after moving it into my personal nameTargeting ~75% LTV (value ~$1.5–1.6M)Considering adding a HELOC post-refi to create liquidity for future investmentsIncome & GoalsCombined W-2 income: ~$310kGoal: scale cash flow aggressively enough to eliminate the need for W-2 employmentPortfolio cash flow is modest on a consolidated basisAppreciation has been strong, and I’ve used cash-out refis to continue acquiring and stabilizing assetsChallengeWhile multifamily and BRRR strategies have worked for equity growth, the timeline (8–12 months per deal) and resulting cash flow haven’t been sufficient to replace active income quickly.

Curious what other Kansas City or other midwest landlords are doing for initial tenant pre-screening before scheduling showings.Do you typically use a short questionnaire, screening software, or just have a quick conversation first?

It simply means the property likely won’t qualify for conventional financing in its current condition.Fix & Flip loans are specifically for situations like this, including in Birmingham.Fix & Flip Program:Up to 90% of purchase priceUp to 100% of rehab costsUp to 75% of ARV12–18 month termsInterest-only paymentsFast closings (often 7–14 days)No income docs requiredApproval is primarily based on the deal strength (purchase + rehab + ARV) — not traditional W2 income.If you’d like, send me:Purchase priceEstimated rehab budgetARVYour experience levelWe can review it quickly and let you know exactly what you qualify for and how to move forward.

I work full time and view this primarily as a long-term wealth and financial-independence strategy rather than a quick cash-flow play.

As a mortgage broker with over 25 years of experience, I understand how urgent it can feel when you need a construction lender quickly, especially in a market like Oceanside.

I am a neonate when it comes to RE investing but hoping to learn the ropes pretty quickly.

Quick tip.