In addition, we ask that their coverage includes payment for alternate lodging in the event of fire, flood, or wind damage causing their unit to be uninhabitable.

Dennis,first and foremost, I pray nothing happens to your property.You're wrong about pricings going up after a natural disaster.

Hi Gregory,Exceeding your DTI ratio can make it difficult to qualify for a conventional loan, but if you haven't considered DSCR loans, they could be a great alternative.

Hi All,I'm an investment professional at an alternative investment firm (non-RE related) who recently moved to Austin, TX, and I’m excited to make my first real estate investment.

People are now engaging AI tools to ask questions and expect a response in a natural conversation format than go through a myriad of links.

If you're cash flowing positively, gaining natural appreciation, your interest rate is reasonable and your tenants are paying down your debt I don't see why you would want to make extra payments, personally, unless maybe you're ready to retire and need the extra monthly income to cover your living expenses, or you're worried about hitting a rough patch and not being able to make the payments.

Did you find the higher loan amounts were worth the short-term nature of the loan?

If not, any obvious alternate investment that I could do on the property to raise it's value, get more rent, or save money that I may be missing?

- Are there alternative financing options, like private lenders or hard money loans, that could be suitable for someone with fluctuating income?

Hello @Ben Stanley,I want to share some thoughts on purchasing properties in areas with a high potential for natural disasters.