See the chart below.I follow all rates they publish which will be:*LTV = 0.55 & DSCR = 1.50*LTV = 0.65 & DSCR = 1.40*LTV = 0.80 & DSCR = 1.20*Fixed - 5 yr, 7 yr, 10 yr.

They plan to continue what’s been ruled illegal through clever workarounds and ticking boxes on forms differently.I’m just frankly shocked at what’s coming out of their mouths - almost as if the law is this silly little thing that the courts enforce because they can’t see the light properly as an agent does.I say all of this as a licensed agent.

Do you see the exponential growth there? 

$1200/unit can be possible on the east side, but I would need to see the listing and give you an estimate on rehab.

A common mistake is investors see the low price/doors in the midwest and don't truly understand the location.

Hi Mohammad-My pleasure and thank you for the follow-up question.I think you are in a great position and wise to be thinking about real estate investing as one of the vehicles to not only create passive income streams but offset your W-2 income.One of the strategies I see the doctors doing that I work with is purchasing short term rentals as they are more actively managed and it helps them be seen as a real estate professional for tax purposes based on the number of hours they are working in their real estate business which helps offset their W-2 income.

Than this thing about the exclusive buyer agreement to me is great, and I don’t just say that from an agents prospective, people should be able to see in plain terms what services that can expect for what price and decide if that service is worth that to them, just like every other business, problem before is because seller was paying for buyers services it was opaque, now it will be written out in plain terms for everyone to see, the main result of this lawsuit was to put agents more in line with every other service business in America and increase the number of options for consumers, some agents might be paid more some will definitely get less, I think overall average commission’s come down, but again that’s how every other business operates people compete on price compete on service compete on relationships (I can get a better price with some subs because I’m a repeat customer who pays on time and is easy to deal with for instance) and than consumers can decide who that want to go with and once they decide to have that person working for them of course that person deserves to get paid for the time they put in.

This is more common for investors who live out of state and can't see the property in person, so they get the property "under contract" and then send a contractor or inspector if their offer gets approved. 

I would want to see the specific written agreement on the taxes before I cosidered such a thing.

Try dropping it in increments of ~$20 until you see the action you want to see.