Quote from @Andrew McGuire: Absolutely.We had a unique market for 10+ years that enabled people to buy for cash flow.

Since we live in a such a high cost area (medium home price in the Santa Cruz County, Ca. is $923,065) we required a deal with significant value add potential in order to enable us to refinance our money out at the end.

.* Keep 6 mths of PITI on all properties in liquid reserves These rules of thumb will enable you to absorb some volatility in the performance of your property without going cash flow negative, as well as enabling you to sell the property reasonably quickly without having to come out of pocket to cover a shortfall.

DSCR loans offer an advantage by assessing the property's income-generating potential rather than relying heavily on the borrower's personal finances, enabling investors to leverage the property's cash flow for financing.Hope this helps and good luck on your journey! 

It costs them big bucks they won't get back if they do foreclose.The change of ownership has no impact on the lien other than to enable the lender to call the loan per the "due on sale" provisions.

Don't buy a turnkey but be able to buy an extra unit (3flat) vs a 2 flat turnkey will enable me to accomplish this.

I have since done 2 cash-out re-fis to pay for home renovations and enable my family to move to SoCal without having to sacrifice too much house... 

Personally, house hacking has enabled me to forgo the traditional route out of college and escape W2 life (I'm not knocking traditional jobs, just not for me).

--> According to some sources, the most I can qualify for is 4.5x my annual income, this wouldn't enable me to do a great deal in terms of investing/scaling.3.

Most apps or website can also enable the user to quickly get a ballpark feel/pulse for an area -- which can be helpful if you have thousands of potential deals to sift through.