There are excellent deals available this time of year, but the inflated prices of small multifamily properties can make finding a good deal challenging.

The description and pictures are excellent marketing.   

At about 3:35pm on the third and final day(there were only about 40 people left) when we all came back from our last "break" there was a slide up on the screen.

Ask them what they want they may want a pitchbook of PowerPoint slides or something like that instead of a written material that is possible some of them will not have time to read.Good Luck!

You just trusted, but didn't verify.This is an excellent thread to remind folks to do your own damn diligence.

Steven, you’ve brought up an excellent point about the trade-off between prepayment penalties and interest rates in DSCR loans.

For example he asked me lastnight if i would evict if he didn’t pay rent, I replied and said “absolutely,the only way I would let you slide is if Lamborghini lets me have a free car due to the pandemic” he looked at me with a straight face and walked away. 

@Phillip Austin Rent by the room investing is an excellent strategy.

The brightside of this is I will take way more time in researching, off your recommendation I went on youtube and have been studying till 4 am after work and have made up some Excel pages to really put down what's really going on and I noticed that a lot of what people are talking about is what I'm doing the only thing that I need to work on is my pitch, confidence when talking and overral experience.AND THANK YOU!

If DTI is a problem for a new investment property loan but you have everything else (credit, downpayment, etc), then DSCR loans are probably an excellent alternative.