You might save a full percent just doing that and you have tons of money you didn’t pay in points.

Credit unions, banks, mortgage companies and private lenders.They all had the same answer.

They obtain and manage capital, whether it’s private equity/debt, bank financing or personal capital.

The client can distribute proceeds through a private agreement without involving the title.

I plan to be here often but have been listening to the bigger pockets podcast for the last year now, and have consistently been saving to make my first investment this year.

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).

Yeah I am a huge proponent of free markets and private property rights.

@Katie Southard This is the floor plan. there is another but that does not have a separate car garage and has private entrance only from the side.

Eliminate debt, establish a budget, and save.

These individuals have often walked the same path you’re on and can provide insights that save you time, money, and stress.