Make sure to do your due diligence when acquiring your next property as you will need to make sure the rents can cover your mortgage payment.

The Seattle-Tacoma market isn't great for cash flow day one, assuming you're trying to acquire for 25% down.

.- BP just acquired a syndication forum and will be providing access soon. 

I definitely didn't acquire any of my properties by paying a mentor or coach $5000 or $10,000 to hand hold me.

And I know cashflow isn't everything in the beginning an can come with time, but I don't want to acquire a bunch of properties where I'm only going to net 100 / mo after PITI, because with those margins all it takes is one repair to wipe everything. 

We would love to acquire multifamily in the Kirkwood/Clayton areas.

Impact on Debt Service Coverage Ratio (DSCR): If rental income growth is restricted, it may be harder to meet DSCR requirements for refinancing or acquiring new loans.

Here on the Oregon Coast, I would attest to that accuracy based on the review of hundreds of financial statements for active oregon coast vacation rentals and the performance of nearly two dozen STR investors and operators we've helped acquire properties within the past three years. 

However, if you can acquire using private money, renovate and then refi, you could be in a better equity situation and leave less money in the deal. 

Hey Anna,I can see why it has been tough to acquire financing, but I'm glad you reached out to BP.