My rules of thumb for op ex ratio:New product 40%1990 2000 product 45%1960 1970 1980 product 50%+

But if no one has heard of them and their loan products are too good to be true I would steer clear. 

As far as your rental that you currently own, I would change your expectations a little bit, 80% cash outs are hard to come by these days and the rates on the few products available are really high.

I started this thread to address this product specifically.

From a DTI perspective there is a DSCR product that can work for you so that you can scale quickly.

This is especially true when you utilize low money down to purchase multifamily.Caution with Out-of-State Investing: Investing out of state entails complexities and reliance on unfamiliar parties, which may pose challenges compared to local investments where you can easily drive to and learn more quickly about.Realistic Assessment of "Cashflow" Markets: While investing in cheaper, cashflow-focused markets out of state is popular, it's important to recognize that the numbers on paper often differ from reality, and success stories may not represent the norm.Manage Expectations: Be wary of overly optimistic narratives and calculations, and ensure your investment decisions are grounded in realistic expectations and thorough research.

There is no DTI when it comes to these investment specific products if you’re worried about not qualifying with traditional products, talk to a investment, focus broker who can help you we out the options and leverage with a DSCR loan

Either way, if you offer a good product at market rate you should be successful.

Hey Zeke, There are tons of different loan products so it will be all about finding the one with guidelines that meet the needs of your scenario.

But in addition to my comment above: yes if the focus is more on a "buy and hold approach" where you are looking for cash flow and assuming you have gotten some super amazing loan product where you can actually obtain some each month...