My best guess is their failure rate is more than 98%.The truth is not as “convenient”.

For me, it was live in flips, short term rentals, mid term rentals, good income with a solid savings rate, buying after tax index funds, paying off the primary house, driving old cars, moving a lower cost of living area (from Houston to small town Maine), and selling a business to push me over the top. 

Higher interest rates are keeping some buyers out of the market so properties are sometimes sitting for longer or not getting the desired price. 

I need help analyzing this property.Address:2542 Glenn Terrace, Mount Penn, PA 19606Asking Price: $209,000Taxes: $5087 (they are really high in my county)Renovations: $10K-$15KMortgage: ConventionalCredit Rating: 712 median1.

What about rate and term refinancing?

If you look at the MF mentor guru's they have one thing in mind when you do a deal with them  YOU ARE ALREADY accredited and have 100k or more to invest in their deals and the money to buy their course. the beginner fix and flip gurus and wholesale gurus like to take those that dont know much about the business and teach them how to do it and of course we know the success rate for those with no experience taking those courses is minute but the folks feel good being a part of the big events.. 

No - absolute max for DSCR is 85% LTV and that is extremely rare and typically not workable in this rate environment anyways.Standard/common max is 80% (acquisition and rate-term refinances) and 75% Cash-Out Refis

I have some clients who prefer to have a PM for maintenance/contact/rent collection/general management and will place tenants and write leases for themselves in exchange for a reduced rate.  

Fort Collins did it since the 1960s and only recently created a law against it because of rent rates.

As-is cap rate of 7.5% in my market (kc) would be pretty awesome to buy.