My main question is around financing – how do you typically secure funding for a portfolio like this?

They were struggling to find a new place to live and needed financial help to secure their next steps and provide Christmas presents for their children.

I am new to flipping, and haven't yet secured my contractors - just looking to do some cost analysis.A.

The only way that many can achieve the American dream of home ownership is by having an investor like yourself available to make it happen by loaning them the money needed and securing a lien against the mobile home.

When she finally moved out the damage cost was $5500, exceeding her security deposit by $3,250.  

My final piece of advise to you is based on 45+ years investing in real estate, real estate debt, and real estate securities, as well as having syndicated over 400 deals.  

Your journey so far sounds impressive - developing strong analysis skills, building relationships with brokers and industry experts, and even securing potential sponsors is no small feat.

If you own multiple properties, vendors may offer discounts for securing long-term contracts.Reassess Your Debt Structure→ If your mortgage terms allow it, you could refinance to a lower interest rate or extend the loan term to lower your monthly payments.

Summary of Key Differences: Aspect DSCR Cap Rate Purpose Measures debt service ability Measures investment return Formula NOI / Debt Service NOI / Purchase Price Focus Cash flow vs. loan payments Income vs. property value Perspective Lender’s viewpoint (loan approval) Investor’s viewpoint (ROI evaluation) Role of Financing Highly dependent on loan terms Independent of financing Use Primarily for loan qualification Property valuation and comparison Conclusion: DSCR is critical when securing financing because it shows how well the property can cover its debt payments.

The sale of the property is recorded on the deed and filed in the land records.Banks file a mortgage lien on the property to secure their interest in the property.