@Chris Wagner- That's just too low an amount to make the claim worth it. 

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

It would not be unreasonable for this to be worth 2-2.5M 10 years from now.

Have to agree with most here in that a SF-> duplex conversion needs some really specific qualities to be worth the squeeze.

P.S. sometimes it's more stressful than fun, but the rewards can be enormous and are worth it.

Quentin, build your knowledge, make sure all this is done correctly.Banks rarely call the loan just because of the deed being transferred, something else triggers this, mostly because the investor decides education is not worth the money.It can be because the Insurance was not done correctly, the seller does not understand the process, the Title Company does not know what to do so they call the Bank and make a mess out of the process and a few other factors,If the investor is knowledgeable on what to say to the Bank if they call this is a fairly simple conversation to have.

Depending on your loan amount, doing a cash-out refi to get $35k probably isn't worth it. 

Hey everyone, for my first flip, is a fire damaged house worth it (purchase price 40k-50k 3br).

STR seems to have better tax benefits (in the right market) but is it worth it at a distance ???

I have yet to find someone that would run it for me to make it worth my time.