And lenders are at end of day just statistics machines, that is the job of an underwriter, to quantify an applicant into a mathematical risk score. 

However, a 1031 exchange can be a useful strategy for your property even when a cost segregation study is not a viable option.Cost segregation can be an incredibly beneficial tax strategy, however it may not be the best strategy for everyone.

Also remember that no credit score typically can not be held against someone as it can be a sign of a form of discrimination, depending on the reason.This is one where you should ask a legal expert if you risk violating any fair housing laws by doing this. 

When people ask me how much the deposit is, I say it depends on your credit score. 

This is incredibly useful for enforcing lease violations and fees for missing renewal deadlines.

Hello Andy, if your 1st property is finished you will be able to pull 75-80% of the market value out of it, if you have a minimum of a 660 Credit Score you can get a DSCR rate which will be in the high 6 to low 7% range.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

They have a scoring system that predicts the chance the number is correct.

Conversely, if you're interested in short-term rentals, I recommend using tools like AirDNA to identify markets with high potential, based on the market score of the surrounding region.Additionally, understanding your financing options is crucial.

The most persistent and incredibly humble person I met through our meet up.