In finance and accounting we look at a "Quick Ratio" (also known as the Acid Test) this shows the ability of a company to meet obligations, but this only looks at current assets or liquid assets and current liabilities, real estate is not a liquid asset.So we move to other ratios like "Current Ratio" and "Cash Ratio" these to help to illustrate the ability of a company to cover current debts.As to mortgages or long term debt, coverage is difficult to predict due to uncertainty over longer periods, but by looking at the current coverage and cash available we can see what funds remain for these other obligations.Most everyone is familiar with the debt to income ratio we suffer through at a loan application, say 24/36, meaning that you should not pay more than 24% of your income to current liabilities, revolving accounts and car loans, the 36% includes the 24% to establish your ability to cover the mortgage, total debts should not exceed 36% in this instance.

Being from the South, I cannot predict what will happen in Detroit.

I am self employed and curious as to my lending options.I file my taxes and claim all my income and make my deductions.I will be using 2021 and 2022 tax returns.I am 100% owner of an LLC S-Corp.My self employed income starts in 2021 and my LLC was founded January 2022.I have a business credit card and bank account.My income when working is consistent and predictable.

I am self employed and curious as to my lending options.I file my taxes and claim all my income and make my deductions.I will be using 2021 and 2022 tax returns.I am 100% owner of an LLC S-Corp.My self employed income starts in 2021 and my LLC was founded January 2022.I have a business credit card and bank account.My income when working is consistent and predictable.

I predict huge changes in San Francisco and the Bay Area in general.

But there are many ways to invest $100k cash here or there in residential RE with much more predictable outcome, especially with sweat equity, without putting myself $800k in debt, which is not appealing.   

My prediction is that we will build a lot more condos than SF in the future, in particular for first time home buyers.

This will give you the confidence that you're predicting the right prices.Once you're confident with:- Managing contractors- Finding correct ARV (Confirm with local agents)- Estimating Rehab Costs Then you should be good to go!

I’m hoping it’s only for a few weeks but i also haven’t been through an eviction before and cant predict the future.

You can do your own research etc and then compare it to the major retailers who are usually more predictive than reactive