Is there a funky property tax issue that arises with the collateral that is a local municipality error and can lender quickly analyze the situation, assess and articulate the risk and allow draws to carry on or will they make the life of the borrower miserable?

It’s the most dangerous thing we do everyday, we carry liability insurance through our personal auto policy.

If so, I'd look into that before a DSCR loan to avoid the prepayment penalty DSCRs carry.

Thar's gold in them ther' hills", if you know HOW & WHERE to look.We've got all of Detroit's 183+ Neighborhoods mapped on our website - which can help.DM us for more info...

I have a special fondness for I-found-a-pile-of-gold-in-a-crapshack-basement-help-me-invest posts.

Did you use a local bank that agreed to a Seller Carry in second position?

And for the record there is a HUGE difference in the amount of odor in a unit from 3rd hand smoke which is what carries in in your person when you smoke like clothes smell and breathe smell vs the smell you get when there’s actually smoking in the unit.

These expenses can create a paper loss, which may offset other passive income or carry forward to future years.If you qualify for Real Estate Professional Status (REPS) or actively manage a Short-Term Rental (STR), the losses can be applied against your active W-2 or business income, reducing your overall tax liability.

That strength i carry that lets me stand alone is beneficial but also as I left that crowd i was never able for unknown reasons to reconnect to a better class of people or even network.

A cash-out refinance can provide liquidity while keeping the property, though it carries risks.