If you're doing a dscr cash out refi, you're refinancing your mortgage to get cash from your home's equity while also considering your ability to cover your debts based on your income.

*Property Inspections with photo's and reports*Applications underwriter: screens all applicants to ensure their ability to qualify for the propertyUPM is a Bigger Pockets Partner - I'd love to chat more!

The main road (narcoosee) lacks the ability to commute well if that is your main way in and out.

For your primary residence, lenders have to abide by federally required ability to repay (ATR) rules.

Hi Kristin,If you're planning to finance real estate in Illinois using only your rental income from properties in California, a DSCR loan might be a great option for you, especially since traditional income-based loans might not be feasible without local employment.A DSCR loan focuses on the property's ability to generate income rather than your personal income from employment.

Presently, fluctuations in lending rates are affecting developers' ability to initiate new projects, leading to a foreseeable decline in new starts—this cycles repeatedly.

Their ability, character, and work ethic matter most. 

However, I believe by far the most important step is to underwrite the sponsor themself, their team and its ability to execute, and their track record.After narrowing down a few sponsors that you're reasonably confident won't lose your money, you can begin to see who will grow your money at a faster rate than the others which is where fees come in. 

Think diversified income, ability to market effectively, no risk of OTA algorithm changes that have negative impacts, etc 

You're entirely at the mercy of the condo board, which could completely restrict your ability to rent at any time.