Your success is much more influenced by how well you play in a market, how good your team is, than by picking a marginal better market.

Decide which game you want to play.

Got turned into the AG and one group got nailed criminally I also had FBI in my office about another investor who did this as a financial predator he got prison.So in my mind this is going to  play out again with Sub to being taught to the masses and people being people vast majority are honest of course but there will be predators mark my words on that.

Furthermore, this rule may be disregarded as investors become more creative.For instance, if investors intend to buy and make a long-term hold play, betting on appreciation, they may be able to afford to pay more.

You are just making profit from the yield play.  

You will need to really start playing the long game though and focus on securing assets that have good underlying fundamentals as you will need to get more creative with the financing if you want to keep moving quickly.

So the play was these fellows would hunt down who lost the house get them to sign a deed over to them for say 500.00 then they would sell this deed for say 5 to 10k and sometimes much more there buy extingishing the redemption rights and the bidder could start right away on rehab etc.. its was just a cash for keys grab..  

Since it’s been a little while, I’m curious how things played out for you.Just wanted to mention, for a cash-out refinance using a DSCR loan, the max leverage is typically around 75% LTV.

It will also most likely be my last year of playing baseball here as well.

House hacks are not like a traditional investment property and admittedly a little more emotion will play into whether it's going to work or not for you.