Hi Felicia, its going to vary greatly depending on the market you are planning to invest in.

Choosing the right hard money lender is a game changer!

I understand that state tax and regulatory conditions can vary quite a bit. 

Of course, with all things, the situation varies and no one on these forums has seen your underlying documents and the actual terms, and thus, you should consult with legal counsel specific to your situation. 

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).

I remember when I was trying to get into the real estate investing game back in 04, 05, etc and seeing that the numbers just didn't make any sense. 

I really need to step up my rental game to the 21st century.

Learning Private Lending: In April 2019, I took a class on private lending that changed the game for me.

Trying to learn all I can.Arnab, from what I can see, it seems like the rental game on the Mobile side of the bay is trending fairly laterally but certainly not dipping.

Hi all I’m pretty new to the real estate game and had a question about mobile homes.