Declining Interest Rates: When market interest rates drop, refinancing can reduce monthly payments, thus improving cash flow and enhancing the DSCR.3.

It’s a game-changer for getting into a 2-4 unit property with low or no down payment—perfect for scaling.You’re doing all the right things—learning, networking, and making moves.

Additionally, I am financially prepared to sustain hard money loan payments for up to two years, which is realistic for resolving occupancy issues in NYC.

Hard money usually doesn’t fund the initial down payment but most of the foreclosures are closed using hard money loans.

Inspection Costs - $400 Lender Fees - $1,000 Closing Costs - $2,000 Mortgage Payments - $2,500 Property Taxes - $600 Utilities - $1,000 Insurance - $200 Commissions - $4,000 Selling Closing Costs - $4,000 Home Warranty - $500 Termite Letter - $100 MLS Fees - $100 

@Roberto Kattan-make sure you have your  financing  / loan pre approval completed  if you plan to  move  forward with purchasing a rental ....this  will  allow you to be prepared and also to be more educated on the  current  numbers  ( rate / cash to close / payment  etc ...) 

I am curious what they have to say to me this time after 8 weeks still with no payments paid into my account. 

Plus any miscellaneous payments such as interest, inspections, etc.

Down payment, closing costs, boosting credit score, etc. 2) Find rockstar team members that will be your boots on the ground to help you find a great property to invest in.3) If you're considering your house hack ROI.

Ideally tho it good to have at least 6 months of reserves in terms of overall mortgage payments.