If they will do a loan with less than 1, the pricing takes a hit.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 = 1.23DSCR lenders generally let you vest either individually or as an LLC.

The map below illustrates this: The Shadyside, Bloomfield, and East Liberty neighborhoods seem to have the highest number of 3 to 4 units. 

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 = 1.23As I mentioned, DSCR lenders generally let you vest either individually or as an LLC.

The diagram below illustrates the basic process for selecting between turkey or direct purchase.Turnkey Due Diligence QuestionsThe following are considerations/questions to ask the turnkey provider:“Can I have an independent inspector evaluate the property?”

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 = 1.23DSCR lenders generally let you vest either individually or as an LLC.

illustrated as well as the great outcomes such as what @Kathy Fettke just posted about.

., an “emerging market”), we needed one more filter.The real estate market cycle as depicted below illustrates what we were looking for.

That was a colorful illustration to make a point that this landlord is being far too timid in this situation because his tenant is walking all over him .

Hi BP, I've heard different answers about 1031s so I'd love some clarification: (using simple numbers and assuming I hold for 2 years, leaving out depreciation and selling costs, and making the differences in purchase prices extreme to illustrate the different ideas).Say I buy house A for 100k cash, and sell 2 years later for 200k (100k gain), then do a 1031 exchange of all 200k as 10% down on a $2,000,000 house B (I know this isn't realistic, but using it for the sake of illustration).

:)  The underwriting model is to illustrate all of the elements you are speaking of.