Lenders will want to know if the property is generating income and if it qualifies for a DSCR loan or traditional financing.

How much income you'd want from the rentals and when you want that income to happen by. 

Through proactive maintenance, efficient tenant placement, and careful financial management, I optimized rental income and ensured a steady cash flow.

If you have any accounting questions, feel free to reach out!

@Anita Z.I recommend finding an accountant who specializes in real estate taxation, tax planning and financial planning.

But I would be passing up on a big promotion that could lead to significant increase in income. 

However, I had to subordinate the sellers note to 2nd position (hint: set up that language in advance to streamline the process, if that's the direction you're going to go).Since the ARV was high enough, and the potential income would support the mortgage and expenses, it all worked out. 

This doesn't account for transaction costs and reduction in leverage as you pay down the mortgage which accounts for closer to 2-3% less, so you 12-18%. 

If you think you'll hand it off to your PM to run and take the great amount of passive income as your great reward, there is so much more to it.  

Anyone have any experience with placing a flat billboard on the side of a building in Philadelphia? If so, can you send me DM. Thank you