Typically DSCR programs have seasoning requirements from anywhere on average of 3-6 months, which means in order to use the newly appraised value, you would need to wait a little bit (although there are 0 months seasoning programs).

Being an agent is a great way to fund your investment properties and get more immersed in the industry.

The long-standing rule of thumb average cash flow in the Midwest has been $200 per door.

That’s how I started, and it’s a great way to get your feet wet in the industry without overextending yourself financially.

Since then, average 30-year mortgage rates have RISEN by 50 basis points to around 6.60%.

Installation Costs and IncentivesAverage Cost: Residential solar systems typically cost between $15,000 to $25,000 before incentives for a 6kW system (suitable for an average home).Incentives: Illinois offers substantial incentives, including:Federal Tax Credit: A 30% federal tax credit applies to system costs.Illinois Shines Program: Provides Solar Renewable Energy Credits (SRECs) that homeowners can sell for additional income.Net Metering: You’ll receive credits for any excess energy your system produces, reducing your utility bill.2.

If you want cashflow.. look for markets with low entry prices and higher rent averages.

For sure, its important to show the real in the industry!

Just curious how it really  turned out if it only made 10K average investor who would have had to borrow money would have been in the hole on this flip..So if you care to share the details I bet others would be very interested.OH i see your with velkesman I know those guys they charge money to get into their program.. 

Since 2020 we've been selling these units to individuals and organizations that may buy from 1 to 5-6 units each, but currently trying to expand our business.Given the interest rates for financing these types of structures and how much landlords are charging (for both short-term and long-term rentals), I found that the net income is way higher than the average mortgage payment, so basically it's free money.I've been thinking it'd be a good idea to partner up with a real estate developer to develop a mobile park.