You would pay $950k for that property because it’s a deal based on today’s value?

Im currently searching for another property in the area to do STR. 

The property is likely a little too expensive for me to qualify for with a conventional loan based on DTI.

But based on my personal experience you won't cash flow with a DSCR loan on a SFR rental.

Hi @Daniel Carrillo,Just based on conversation had at various conferences I've attended I think we will see some increased activity later this year.

I didn't see anywhere that you posted what they said ARV was, or what you think it is based on comps...the County assessment has no bearing whatsoever on value.

There are many HMLs that will finance new construction, but much of it is based on your experience, credit score, and the expected sale price.

My base income is ~$95k per year.

(aside from the 1 or 2 homes that have stunning overlook views).When building out your buy box, are you all using the averages, or are you basing your min/max on the cream of the crop listing revenues, even when there aren't clear reasons as to why they are performing so much better than others?

.✅ Do your research to learn what is realistic.Spend time really considering what type of business is going to be the best fit for you based on your experience and how you want to spend your time once you are the owner.