I wanted to help them out and minimize their loss and saw an opportunity to get a property slightly below market because of my commission savings, immediate mortgage and maintenance relief, in addition to keeping a lower short term interest rate How did you find this deal and how did you negotiate it?

If anyone has experience with their lead quality, conversion rates, or overall value, I’d love to hear your insights.

Hi Even,I don't know about DPA and Grants but I do have a great program with only 3 precent down and low interest rate.

However, some amenities consistently deliver high value because they attract more bookings, increase nightly rates, or result in better guest reviews.

2. don't use an appreciation rate.

Based on 27.5 yr straight line depreciation, that's about $1,700 of missed annual depreciation; $25,000 over 15 years - and at an ordinary tax rate of say 30% tax could amount to $7,500 off my current tax bill. 

Some lenders offer discounts to return borrowers so maybe look into both flip and DSCR rates when finding a lender. 

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.

The amount of capital required depends on the city's appreciation rate.

I understand they have a little bit higher interest rate, but what are the risks of DSCR loans?