There was a pre-move out inspection where everything was determined to be in good condition and there were no deductions that would be made.

Obviously you will also want to walk all of the units physically during your due diligence period to see the condition of the apartments inside.

What condition is the house in, what is the rent, how many bedrooms and bathrooms, how is the school system, how safe is the neighborhood, etc. 

It is important to keep in mind that DSCR is just one factor that lenders consider when evaluating a loan application, and other factors such as property condition, location, and market conditions also play a role.It is also a good idea to consult with a financial advisor or loan officer to get a better understanding of the loan requirements and to get an idea of how your investment property will be evaluated by lenders.Feel free to reach out if you need more feedback, happy to help.

Columbus has ranked on the top 10 markets that outline that for the past 6 months at least. the best place to buy new builds is in higher priceopint markets but where the costs haven't gotten out of control. besides that I'd recommend working with a vertically integrated land development, real estate development, and new construction firm or design build firm who also understands market conditions. 

That came to an end eventually too and we started to focus on distressed condition properties (mold, foundation issues).

Hello everyone, I've done 3 buy and hold rental properties, and now I want to do flips, I need investors and I have some that have shown interest, in addition to speaking to private lenders that are willing to fund 70% of the LTV (based on the desired property)I'm seeing a lot of deals from wholesalers, but the problem is, some of them close in 2 weeks and some as long as a month, and they don't take conditional offers, and the good ones fly off the shelf really quick.My question is, how does someone like me close one of those deals within this short period, how do you arrange the equity and financing with little to no inspections sometimes even.I'd like to know how do I prepare myself to be able to close one of these good deals right away when they are offered to me and many others?

The flooring retailer is the latest in a growing list of companies forced to shut down due to changing market conditions, rising competition, and the lingering effects of the COVID-19 pandemic.The company’s financial struggles began after the pandemic-fueled home improvement boom fizzled out.

I had one conversation with a CRE lender and she indicated that CRE cash-out refinance is not really available these days given market condition.

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