This allowed me, for example, to purchase an automotive repair facility with an environmental issue thru BK court for $115,000, remediated to issue for $2,000, and sell the property for $325,000.  

The information contained in this post is not to be relied upon.

This is our first look at DSCR as we've gone conventional up to this point.

Look forward to learning and connecting with the great people in this community! 

It’s crucial to ensure that your cash reserves can cover not only the mortgage but also unexpected expenses during the remodel.The 30% housing rule is a helpful guideline to avoid overextending yourself, and ideally, you should be comfortable with your monthly housing costs even without rental income.

@Mark Lee this is a team that I have used multiple times and like it was mentioned, they don't have to be anywhere near you.

They just need a great cleaning company that helps with onsite needs. 

Let me know how I can help!

I also don't see how it helps you if you put the funds in escrow since you won't be able to access those funds.

Has anyone ever done this?