Once you’ve chosen a home, we buy it, renovate it, place a resident, and offer it to you for purchase.

DSCR loans definitely seem like a good tool for scaling, especially with strategies like BRRRR where cash flow is critical since it doesn’t rely on personal income or DTI, making it easier to qualify while keeping cash flow positive.

Investment Info:Single-family residence buy & hold investment.

DSCR loans are easier to qualify for when the asset values are a bit lower and rents a bit higher.

I have read the city’s guide https://www.slcdocs.com/Planning/Guides/ADU_handbook.pdf but I still have questions.1. can tell that till require the owner to live there for the ADU. 1a is it for permanent residency or is it justified if it is a second home that I would use occasionally?

The market is a bit trickier because you need to be a good host to the residents while being a good vendor to the paying client.

How much are you qualified to borrow and what will your monthly costs be for mortgage, insurance, taxes???

Investment Info:Single-family residence fix & flip investment in Riverwoods.

PadSplit has developed a platform that aligns incentives among residents, property owners, and communities to make affordable housing possible for the private market.

Depending on if you qualify for the special allowance for active RE, you may be able to take up to $25k in losses (unless you are full time in real estate and may be able to use real estate professional status).