If the market rents do not cover the mortgage, you may do a no ratio DSCR for a higher rate/reduced LTV  Which most likely the 1007 will be nowhere near the revenue generated by a PadSplit operation.

Hello Everyone,My name is Daniel and I’m looking to invest in real estate to diversify and generate cash flow.

You are not going to be able to generate significant income on vanilla, long-term rentals without a significant amount of capital invested.  

Do you see these as a way to scale up in size of investments (and to consolidate several properties into one perhaps) and to make the income generated from them as a more passive income stream.

Tax benefits should be considered but not be the sole factor.The 'main benefit' from a tax perspective should be to generate a high return from your real estate investments and not to pay taxes on the return that you get.If you are able to reduce your taxable income, that should be icing on the cake.

That being said, it is another part of your property that you can use to generate income and in this area you can hit the 1% rule before expenses.

@Ricky RigsbeeI got the analyzer and it does a good job assisting you with your underwriting and the different scenarios you can generate for comparison.

IT will save you time and cost less than gas.The AI can also look at your past deals and generate a marketing list of similar owners.It has been getting amazing reviews since we released in November 2024 That sounds like a great idea, does it pull from google images that were recently taken?

. - if I use my cash, the investment needs to generate > 5%.

I bring to the table my full expertise in project management, construction, and deal sourcing, along with the knowledge I’ve gained working tirelessly in this industry over the past 3 years.My vision is to dedicate the next 10-15 years to real estate development, growing projects that generate significant returns while delivering exceptional results.If you’re interested in learning more, I’d love to discuss how we can collaborate.