If the garage isn’t being used, turning it into a dedicated game room should add some value particularly if you are targeting families or larger parties.

The last big name that I knew that went up to 80% on anything was CIVIC and they are not doing new loans as of last week. 75% is seemingly a good target on a cash out refi for a DSCR loan, assuming credit is good and the property cash flows well. 

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

Recent quotese I'm hearing about basicall are this... 2x effect just to skim off the highest profit, if they are to drop other work, they will only replace it with high profit and easier work.What to do,  join the local reias, GaREIA has 2 flipping groups.   

I have targeted Houston Texas ( Harris county), but the competition is extra ordinary.

Lastly, while looking through the County Court Record I found a dismissed Eviction record filed this year Feb of 2024 on the prospect, the address listed on the record for the prospect (Defendant) is the current property they reside in but found another management company (RENU Property Management) as the plaintiff (this one was easier to look up as it operates nationally in several states).I usually have no problem with this as prospects usually reside in a known management company serviced in the area (Most are the typical corporate rental companies like First Key and Progress Residential, and some with the more known local management companies.).

This is a moving target, REI. 

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

I also have a property manager in place which makes things much easier.

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)