I know my 10x is paltry compared with what some here have been able to do with the information and relationship from this site.

Be sure to compare terms, fees, and interest rates to maximize your cash-out strategy and help fund your next property purchase.

The existing pond should be plenty compared to our 8 acre spot and its pond. 

I was recently quoted as low as the high 5%'s on a FHA loan for a new primary property..these are attractive borrowing costs in comparison to the comparable costs of renting a similar property profile. 

I also recommend connecting with an investor focused agent so they can start presenting you with the hottest deals.Hi Samuel, I am looking at Reno area, but like you said, I will add a few more markets to compare and make sure I find a good deal.  

Create a list of properties you think are very similar to yours based on their listings and use those revenues to create your estimate.Keep in mind if you are just starting, expect about a 20% decrease in year 1 revenue compared to comparable listings.

They would have more experience with DSCR calculations and may pick up on what you're getting at more quickly compared to a loan officer who typically works with owner-occupier customers.I have no experience underwriting consumer loans so I certainly could be wrong about who can or does what but my point is to not get hung up on needing something called a "DSCR Loan".

New homes are going to have virtually no repair, maintenance, or capex needs for the first five or so years, so you’ll be able to forecast your operating expenses and cash flow with a bit more certainty from the outset.Older properties, however, are generally more affordable than a new home of comparable size and build quality, so if you’re after a good deal, you’ll likely have more luck here—especially if you’re willing to look beyond the MLS for deals.

Sure, private lenders can often be a great solution for overcoming these challenges since they offer: Flexible Terms: Private lenders are more flexible with loan terms compared to traditional banks.

I checked AirDNA, and there is a comparable nearby that grosses $80k annually.