It's essential for the property to maintain a DSCR Ratio of at least 1.0 across both notes.Considering the present market conditions, refinancing might be a more advantageous option for you.Please don't hesitate to direct message me if you'd like to discuss this further.Thanks,*

Exploring distressed multifamily properties with value-add potential presents an alternative avenue.

Just a note- I confronted them with their suspended license multiple times and the squirrely agents sent me a new business license that they have in -  I believe Delaware?

I would run a spreadheet and compare the present with the anticipated.

@Michael Poloncic- if understanding your question -if the seller  want to buy a new  home and use his va loan eligibility -  he will likely need to have his  present VA loan paid off  before this can occur

Ideally all these LLCs should be in a state like Wyoming, Alaska, or Delaware. 

Anything above 10+ units is generally a minimum of 30-35% down but the rates at present are prohibitive.

For fun, I also added a column for monthly cost for 'Present Value', which does not account for inflation.That said, my Present Value monthly cost for my rental that rents out at $1950/mo is $208, which is about 11%, or close to the recommended 10%.

This is something I've always wanted to get into and I was presented with the opportunity.

I have met a lot of connections there, and they generally have good speakers/presenters.