. $275K acquisition  and you believe a 40 year amortized loan is necessary to make the numbers work, this transaction may have bigger problems.  

The projected growth in the local population and economy creates a fertile ground for both residential and commercial real estate development and acquisition.

Until then, I'll be trying to absorb everything I can to fine tune my approach and prepare for managing REI business post-acquisition.

I have a great planning tool that could help you with planning your acquisition strategy for the next 10 years you might find helpful.  

In your opinion, is a DSCR loan one of the best options if you are wanting to predominantly buy and hold in your acquisition Stategy?

I financed the acquisition of the land with personal and private money.

Now some people may argue higher interest rates are good, as it drives out competition on new acquisitions.

Did you just use all your cash on a new acquisition?

Quote from @Giovanni Vazquez: Hello BP community, I finally bought my first duplex thanks to my phenomenal realtor Adam King in July 2024. 

During period of low interest every post on BP was about cash flow - now that cash flow upon acquisition is dead the only option is equity which is also reeling because price appreciation is finally back to realitypersonally I buy for growth because I buy to hold for 10-20 years or longer.