The voucher is the most that Sec8 will pay for that person’s rent regardless of where they rent.  2) The second part of the Sec8 equation is the market rates for specific neighborhood’s and property types (SFR vs apartment, # bedrooms, # baths, utilities included vs paid by tenant, etc).

I spent many years managing myself and personally collecting rent checks. 

they're not magic.are you going to in-person / informal meetups? 

You can find it through the MNREIA web site or email me if you have any troubles.Type @ and the first few letters of a person's name to link.

Hi Duarte,What makes DSCR loan fascinating is that it does not verify personal income.

It will be even harder as a young person with no life experience, and particularly no experience buying real estate. 

Hi Treza,Not sure where you are in the process there, but when your ready to exercise financing options please reach out, it's very difficult to find a ground up program for inexperienced borrowers without having an experienced GC sign on the loan with you which in turn is not easy to find. 

Living in one unit and renting out the others allows you to deduct 75% of expenses like mortgage interest, property taxes, insurance, and shared repairs as rental expenses, while the remaining 25% applies to personal use.

Quote from @John Friendas: As a person with an average salary, I was wondering what the maximum amount of DSCR loans a lender would give out would look like?

Lots of loan options can close in an LLC, helocs usually need to close in your personal name.