The amount needed is going to vary greatly depending on which state/area you want to invest.

I'd reach out to a lender in your area or the area you're interested in investing in to get a game plan together.

Conventional is not very friendly to boarder income in general.For DSCR loans, the requirements vary by lender.

Do you think this type of financing is a game-changer, or are there pitfalls to watch out for?

In my experience, getting financing that covers the cost of rehab can be a game changer.

I think it's still a great strategy and I'm looking to up my game.

This is why development is the riskiest game to play in real estate.

Every state has their own laws, court procedures and legal forms pertaining to how decedent's estate are handled, including creditors and heirs.The rules vary widely, however you ought to decide if you are looking to buy the asset (real estate) from the person in charge or the interest of heir(s).Generally speaking, you'll probably want to buy the real estate, so you'll be looking to contact the person who will be able to sell it to you, typically called administrator, or if named in the will, executor, or by the generic term, personal representative.So, I suggest you ask the clerk at your probate court which document will contain the name and address of the person in charge.

This discrepancy might indicate a complex market with varying property types and conditions.- Market Volatility: While home prices have increased significantly, the average home value has seen a slight decline of 0.4% over the past year.

I understand this can vary by market but this number has served me well.