Once emotions take over you can lose control of the rational thoughts, which can lead to bad business decisions.  

Normally the rent would be paid as usual, and the pro-ration would be done in the closing accounting along with other prepaids like taxes etc.

I submit that I don’t know and no one else does either.So do you buy Bitcoin now because it is down 50% from its high or do you wait because $30,000 is just a momentary pause on a continued steep decline.Real estate while more predictable than Bitcoin is similar.So buy property that is is good value today - with reasonable rational reasons for optimism for the future - and wait.

Said-debt levels are much higher today, and government solvency is at Risk if we sustain higher interest rates for a long term.Not getting too political, but higher costs leads to either default, or a combination of higher taxes and rationalizing social services/entitlements, and reducing the latter is politically damaging.In my opinion, the Fed has a ceiling on interest rates, and I think we’re getting close to it.I also think we won’t know that exact number until we’ve passed it, which we will, and they’ll be back to QE by end of year fixing the damage from “over correcting the response to inflation”.

Doesn't mean you can't lever up and buy a few properties, but you should acknowedge downside scenarios, and make rational calls that move you incrementally towards your perfect end state portfolio. 6) The single most effective tactical move you can make to accelerate wealth creation is going to be "House-Hacking" or a "Live-in-Flip".

DSCR stands for Debt service coverage ration.

It doesn’t have to be the same credit union… For the refi I have a DSCR lender ready to loan me 100% of the appraised value since I've owned the property for more than 6 months (had it for 12 years) and the the debt/income ration is only for the property (not personal).

I wonder if the offer that I am going to list down for a brand-new house is rational and can be applied:- I will pay the down-payment.- The company will take care of the house and the tenant; however, I will get my monthly loan directly from the company regardless of the vacancy.- The company will take the cashflow ( or the buyer will only get a small amount such as $50 )-  The company will take care of the repairs.- The agreement will not be able to get broken by the company until the amortization ends.- The company will be a 3% shareholder of the house… for a possible sale.I wonder if this would be an option for someone like me who does not want to take risk for his first property. 

We own 3 with adjustable int loans (very low debt to equity rations on all 3) from a local/regional bank that will not do cash out refis.

Class C multi-family should be around 40-50% expense ration.