IF, and should be only IF, the above does not work for you then you can do a debt service coverage ratio loan that will not do any of the above.

Boom, you are now a real estate investor.Oh and definitely build a corporate web of at least 5 layers of shell companies before you even begin thinking about buying a property.  

But you need to learn all about landlord/tenant laws, how to do basic repairs, know what average labor and material costs are for common projects. learn about payment systems, how to interview property managers, tenants and handyman services, build a team of realtors, contractors, title, hard/private money lenders, inspectors, appraisers and soooo much more. 

Anything prior to that day is just added to the cost basis when the property is placed in service (sold or rented).

The cost of points was $11,880, and the loan service and prorated interest rate fees equaled $6,126.

Hi all,Has anyone leased their units to companies providing services to sober living or elderly care services?

DSCR (Debt Service Coverage Ratio) loans are a popular option for investors because they come with several key benefits that set them apart from traditional loans.

Please reach out if I can be of any service for primary or investment new construction across central Florida. 

So for these locations, leasing to a car lot is a “tax payer”; no cash flow just enough rent to cover the insurance and property taxes and perhaps a moderate loan service.  

I also have a digital agency business and am acquiring a new SMB in-home service.