Finding the true appreciation rate for specific towns can be a bit tricky, but you can start by looking at historical sales data, talking to local realtors, or even checking out some online tools that track market trends.If the condos you’re eyeing aren’t meeting the 2% rule, it might be worth reconsidering or at least getting a more detailed breakdown of potential long-term appreciation and other benefits, like tax advantages or rental demand growth in the area.

Feel free to send me a DM to connect and I will pass along the details if interested. 

Thank you for your detailed feedback.

I think its terrific but here are some additional details.

First, sit down with a local lender in detail and work out what you qualify for, including the potential rental income.

These are very common errors based on public record and that's why an agent should confirm details!

Here's a bit more in detail about how rates are calculated for DSCR loans:1.

@Aristotle Kumpis is there anyway to get more details about your tour would love to see what you are doing here?

I want to hear more details about the situation / rehab.

Hey Nathan, thanks for the detailed response!