Deduct NEW property taxes after you buyDeduct home insurance costsDeduct maintenance percentage, typically 10%Deduct vacancy+tenant nonperformance percentage(we recommend 5% for Class A, 10% Class B, 20% Class C, good luck with Class D)Deduct whatever dollar/percentage of cashflow you wantNow, what you have left over is the amount for debt service.Enter it into a mortgage calculator, with current interest rate for an investment property, to determine your maximum mortgage amount.Divide the mortgage amount by either 75% or 80%, depending on the required down payment percentage - this is your tentative price to offer.If the property needs repairs, you'll want to deduct 110%-120% of the estimated repairs from this amount.Be sure to also research the ARV and make sure it's 10-20% higher than your tentative purchase price.As long as the ARV checks out, this is the purchase price to offer.It is probably significantly below the asking price.

TIf you're goal is to scale, they are an excellent option for while bypassing some of the stricter requirements of traditional financing.

Their onboarding process will require about 4-6 onboarding calls just to get everything set up.

Watch out for the village requirements and make sure your team knows what areas require rental and pre-sale inspections. 

Weekly updates AND a requirement for the borrower or someone from the borrower's team to respond within 24 hours of being contacted.This is a good one! 

For DSCR, it's usually slightly higher than the conventional route due to it only looks how well the subject property rental performs + credit vs conventional where it requires credit, income, assets to be reviewed.

Any required notice would be removed quickly (usually) if occupied. 

First, that unaccredited and unverified as accredited investors were allowed, or even encouraged to invest in what we are being told was a Reg D 506c offering, which requires verified accreditation status.  

No idea if it is accurate or if anything has changed since then, but it indicated the following:PROGRAM 1 Owner use up to 2 weeks 50% of Adjusted Gross Standard FF&E in high season & 2 weeks Revenues from the Unit and accessory in low season package required.

Pretty solid points here, I would also like to add refinancing with a non-traditional DSCR based loan can assist with getting access to cash quickly as there are many lenders that have a lower seasoning requirement.