Conversely, if new houses are being built frequently, older properties may struggle to maintain their value.Property taxes also play a significant role.

If you responded to my previous post, I didn’t get to see your comment, but I’d love to continue the conversation here! 

Attached: An addition to the primary residence, such as a basement or garage conversion, or a literal addition with shared wall.Who is an ADU for?

But other times, it could be a good way to start a conversation with borrowers that really don't have a clue what is a "decent" rate on a DSCR loan.

We have not been able to secure financing and had conversations about it.

Humans are highly influenced by recency bias thus the cash vs equity conversation swings back and forth.

Now if your interpretation is cash flowing enough to quit your job that is another conversation.  20 or 30 properties at 1k a month a door, if managed properly is a great revenue mark in my book. 

This does seem like a lot of communication, but I would have a conversation with the owner about this prior to firing.

@Tayvion Payton to get a better understanding of the loan products, it's best to have a conversation with a commercial loan officer at a local community bank or credit union.On commercial, the number one rule is a deal meeting their DSCR loan covenant, which is typically 1.2 to 1.25. 

I had a very pleasant phone conversation with Bob (SVP of Praxis) a few days ago and his knowledge and approach was aligned with how I operate.