Typically, they will refer to this as the DSCR (Debt Service Coverage Ratio) of the property.

Typically this means they will take longer to close, may not have all the information for the companies they work with, and most hard money brokers get their money by taking an existing product and adding extra points to pay their fee.What is your investor success rate?

The LLC helps when you are trying to do things like turn on utilities. 

Here are the key numbers:Potential purchase price: Mid-$400k rangeAppraised value: Estimated at ~$500kRehabbed comparable properties (comps): ~$580-600kMonthly PITI (with 5% down, including mortgage insurance): ~$3400First-year PITI (with 2-1 buydown): ~$2900Monthly income (after taxes): ~4-5kLiving expenses (utilities, groceries, etc.): ~$1600Savings available: ~15-20% of the purchase priceCash to close: ~$34kRehab estimate: ~$34kRemaining reserves: ~$20-25kTo fully fund the rehab, I’d need to come up with an additional ~$15k in the short term, which I anticipate paying back quickly once the rental portion is generating income.

Utilities cost $150 per month.

Utilities included.Fully rented.For sale off market.

Hello Biggerpockets Community, This is my first post as I am trying to utilize BiggerPockets more. 

And you can be a landlord that gets a very poor return because they haven't utilized their space well by changing the layout.

I'd talk and look at forums at strategies but with your capital you typically need 100-150k in liquidity to do this. 

The other markets are in southern states.My buyers are typically the "trades".