📌Then we filter by submarket:- Low Crime?

If the property doesn't meet the DSCR or the value basedon the market cap rate, your down payment will increase to bring up the DSCR orclose the gap to cap-rate value.Challenges/Lessons Learned: Just becauseyou can buy a property with a CMHC insured loan doesn't mean it is a good deal.We've seen a lot of investors agree to pay too much for the properties, and getshocked with a big down payment and low cashflow due to the low DSCRrequirements.

and you can find an almost unlimited variation on risk ( from low to high leverage, both floating and fixed rate debt, from no to high skin in the game, etc).

For example The investors from CA that I work with like the Reno, NV area because of the close proximity to CA, tech investments, low property taxes, and landlord friendly.

Similarly for the master bathroom, I want to only replace the existing vanity with a new one, keeping the current light yellow tiles.

On top of that are the low homeownership costs.

Hi, I have an applicant who is 20 years old with a low credit score.

**Understand Section 8** - **Housing Choice Voucher Program**: Section 8, or the Housing Choice Voucher Program, helps low-income families afford housing by subsidizing rent.

Typically Section 8 assistance will track along the market rent for low income communities in the area (slightly higher or lower depending on the location). 

A condo HOA can decide they want to replace all the roofs, but if the bank account is low, hit you with a $5,000 special assessment.