Author: rynesweeney
-
Santa Rosa Beach, FL – Short Term Rental Property Held In A Trust
I had an excellent borrower, Steve, that was a pleasure to work with. He has a short term luxurious beach front investment property that was originally owned by his mother. It is held in her trust and he is having cash flow issues with the current mortgage. The solution is to refinance the property out…
-
Common DSCR Property Issues With The Appraisal
If you are looking to purchase your first rental property with a DSCR investment loan, you may see some unexpected surprises. The most important thing with this type of loan is the appraisal. It will tell you crucial details that can make or break a deal. Besides the rental income and value there are issues…
-
Milton, FL – Can The Property Pass An Appraisal Inspection?
This property is the third property my client, Mike, brought to me. I initially pre-approved him in July and he took his time making a calculated decision to put an offer on this property and move quickly. Mike is a first time investor, he converted his primary residence into a rental property and make a…