Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

At the end of the day, DSCR loans are a moving target when it comes to your final cash out proceeds.

Focusing on the profit makes a lot of sense, and that’s a good reminder to not get too caught up in the details.When you’re looking at profit, do you typically set a target ROI or cash flow that helps guide your decisions?

Hi Adam,Your investment strategy clearly aligns high returns with a commendable social impact, targeting homes for veterans and those in need.

Soo in the class I am reviewing they are teaching us to undercut deals brought by brokers, but once we refi a property and pay off our partners wouldn’t we simply become the very targets that we were after 5 years ago?

This conforms to the traditional seasonal trend.Rentals - Months of SupplyThe supply for our target rental property profile stands at about 1.2 months, remaining flat year-over-year.

Market Considerations: Given the 12-14 month holding period, how much does your target IRR change in a fluctuating market (either rising or declining)?

Any help is appreciated as I'm trying to get a better grasp on evaluating short term rentals including the steps you go about to finding your target markets.

It’s been an awesome program that I believe was correctly targeted to help those who need it the most and also boost supply. 

Using the enemy method, you can very quickly identify the top properties in your target market and then replicate if not improving upon their listing when you go live!