I am doing it .but I wonder what kind of additional docs they would ask me ?

Patience, an attribute that is rare among many flippers and virtually nonexistent among most lenders, is the easiest way to protect yourself and your borrowers and not participate in the nonsense that defines the current cycle.

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

In the case of the insurance, we are also checking to see that our company name is listed on the policy with the proper address as Additional Interest. 

Also heared you can use self funded 401k to avoid additional taxes but aren't allowed to hire employees?  

But here's the trap: every 25 basis points of additional rate drops your DSCR by approximately 0.02.

I don't expect any additional capex on that property in the near term.

If you still need an additional opinion, shoot me the address and pictures and I will help (if still needed).

In addition, many rentals have at least some utilities provided by a government entity where if they are unpaid result in a lien on the property.

Duplex sold in Dover in 2025 for mid $500’s Both units have 3 bed/1 bath apartments Both units are in decent shape but there is room for some cosmetic upgrades 270k/unit and approx $240/sqftThese two numbers tell us this duplex is very on par for what the market looks like in Dover  Because of the larger bedroom count, I’d like to play out a house hack scenario: PITI payment + maintenance/Capex + vacancy + energy bills + reserves= $5400/mo(rough estimate)  Now I’ve been hearing that this winter has proved to be harder than normal for landlords to rent out, so assuming a below market rent for a 3 bedroom in Dover going for $2100 and two individual rooms in your own unit renting for $600, that totals up to be $3300, leaving an additional $2k/mo rent to pay.