These rates can get very high, but access to more lending unsecured if needed. 

If you run into a situation where a home is not selling for some reason let me know, when buying on terms I can typically pay full price.

. $50k sounds like a lot to you but with the price of materials and of qualified labor, it does not go too far.

Hi Isaac, both of these cities have a great price-to-rent ratio.

I look at cash flow, purchase price and prospects of appreciation.

I highly recommend you reach out to him, he is fast, professional, and does amazing work.If you would like me to make that connection, reach out to me.

@Lau Cor you are probably not going to find many on market deals in Colorado Springs that you can get for 80K down (<$400,000 purchase price) that will break even with a DSCR loan.

If you live in a high cost of living area, investing in more affordable out-of-state markets can be a great strategy.

You want to be priced under that number since the kitchen, bathrooms and common areas will be shared.

If the proposed loan is too risky because (1) chance of default is too high and or (2) cost of foreclosing too high or time it takes too long and we would otherwise decline the loan, we might offer to purchase the subject property for a price equal to the loan amount.