Quote from @Cosmo DePinto: When applying for a DSCR loan, can you base the rent off a section 8 tenant?

For those of you that are more experienced in this space, would you change your financing approach based on this new information?

Maybe your wife would be willing to take a lump sum based on the equity in the Air BnB. 

You will need to narrow down the zip code or street a little more based on where you decide to purchase, but this gives you a good start.

Working with a private lender can indeed come with challenges, particularly regarding qualifications and funding structures.For your cosigner, they typically will need to be a member of your LLC and the private lender will want them to hold 51% - depending on lender of course.Compensating your cosigner fairly is based on what both parties believe is fair.

You would pay $950k for that property because it’s a deal based on today’s value?

The power bill would be prorated based like you'll pay the first $125 and then bill them each month.

But based on my personal experience you won't cash flow with a DSCR loan on a SFR rental.

The property is likely a little too expensive for me to qualify for with a conventional loan based on DTI.

Hi @Daniel Carrillo,Just based on conversation had at various conferences I've attended I think we will see some increased activity later this year.