AndrewDo you still have the 3 socket meter base in stock?

Hey Rahma,Most are sitting at about 7.5% right now with variance based on FICO, region, loan amount, the DSCR itself, and even your experience. 

DSCR stands for Debt Service Coverage Ratio and allows you to qualify based on the subject property's profitability rather than your DTI, income, etc.  

Hi Marcus,With a solid financial base of a $135k/year dual income, a 3-month emergency fund, and $15k in savings, your plan to invest in a property while stationed at NAS Pensacola sounds promising.

Hello Taryn,Have you considered securing hard money for short-term use to complete the apartment scope of work and then refinance for a conventional loan either based on "As-Is" (pro forma market rents w/ no tenants in place) or "As-Stabilized" (fully rented) condition whichever the lender will allow?

You may want to see if you can claim real estate professional status now or sometime in the future based on your participation within real estate of being a landlord in addition to being an agent.You may want to have your past couple of returns looked at for review to see if they were done correctly.

The sales price minus the cost basis is your capital gains (depreciation recapture is another calculation, but based off of these two numbers).  

Obviously this may vary if you live in a larger city or have different things on your return and based on your preparer.

I would choose an investment focused broker who is Proficient in cost / cash flow analysis models based off of your figures and can provide with a lot of different options.

You can do it as a cashout refinance fix and flip loan based off the ARV or even a 2nd mortgage upto 85% of the current as is value .