@Adonis Williams, you've received great comments: It depends on so many things, including FICO, LTV, type of loan, etc.

Hi Scott, I would go with the Inground pool with a finished area around it.

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).

Books like “The Millionaire Real Estate Investor” by Gary Keller, “Rich Dad Poor Dad” by Robert Kiyosaki, or “The Book on Rental Property Investing” by Brandon Turner can give you a solid foundation in REI strategies, including wholesaling.Most of the content offered in coaching programs can be found in books, free webinars, forums like BiggerPockets, and YouTube channels.

Our team even includes a realtor who can assist with your investment journey.Feel free to send me a DM if you’d like to connect!

There’s no reason to go through a disaster (I'm mid recovery myself) and not get the financial upside by becoming the developer and selling a finished product versus raw land.If you have to completely rebuild, it’s a two year process at minimum.

It will include an approval letter from the IRS.

The rate cap in January is currently priced at $747,000.The Capital Call funds will be used in the following ways:1) $4mil is being used to pay down the loan.2) $175k fee to extend the loan for 1-year.3) $2.247mil to cover interest rate cap extensions for the remainder of the hold period, including $747k for the January 2025 6-month interest rate cap purchase.4) $1,000,000 in reserves to prepare for additional extension fees and cash reserves.

We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.

The DIYers are welcome, but these kind of deals take a solid 150-200 hrs for the average first timer from start to finish and a minimum cash position of $175k (if you DIY the design/furnishing; more if you want to be hands off).