I think the answer to this question really depends on a few factors such as your current unit count, location of your properties, long term goals, and how much of your income is based off of your units. 

Meaning you will only be able to get 75% LTV cash out and on a $225K value (if appraisal comes in at $225K) your looking at a loan of $168,750.00.You have to factor in closing costs and your loan payoff which might put you around $138K to $140K which leaves you with $27K +/- in cash at closing.

All other factors (applicable documentation, terms/interest rates, title, requirements) seem to usually be about the same.

Unfortunately this was held way too long due to a number of factors, including COVID, city planning and permit delays, delays in construction and materials, and additional delays by city.

Newby investor doesn’t factor in maintenance, capex, turn over costs, vacancy costs the same as another investor.  

Strong Housing DemandDemand for housing remains robust, driven by factors like population growth and demographic shifts.

Acknowledging that a whole host of factors goes into determining the interest rate on a DSCR loan, I was hoping to get a census of what DSCR interest rates you got (or see your clients getting) to get a general idea of the cost of these loans.

I'm not factoring revenue from selling the homes in to my analysis - my major concern is reducing operating costs.

For example, there's a 1950 duplex for sale (West Palm Beach, FL) for $500k with each tenant (MoM) paying $1,500 = $3k/moThe mortgage is $2.8k/moWould this be a bad investment because you would have to factor improvements and possible vacancy?

A key factor to consider is whether the positive developments are strong enough to transform the broader areas.