DSCR loans programs are like belly buttons...every lender seems to have them.

We offer a ton of different fix-and-flip programs including putting 10% down on the purchase price and funding 100% of the rehab.

Rent growth is a function of supply, demand, and interest rates:- I'd ground any forecast by stating I expect national rents to rise on a pace more or less in line with inflation over any long time period. 2-3% per year.

Sounds like the government the current programs aren't working so lets open up new programs under new names and forget about those other ones.

@Zach Denny Did you ever put your deal together, if so I'd be curious what the bank required on CLTV and if you had to source the total down payment (PP-First Loan) then apply seller second, or if the bank let you do all that at closing functionally making your DP = PP-First Loan-Second Loan.

I will not name every program out there because this would be a very large reply post.

.: An appraiser's word for 7 is functional obsolescence...

The Snohomish county program details can be found at http://snohomishcountywa.gov/DocumentCenter/Home/V...

With actual cash, you just transfer it. yes, but you can still bid with lender approval - without appraisal contingency - you send in deal (app), it gets approved by lender its functionally the same as cash (except in true lightning speed situations where there is a quick auction with little time to prep but thats generally pretty rare I'd think)Right, but that's not cash or functionally the same as cash because the lender can change the terms at the last minute, as often happens with less experienced hard money lenders.

I have purchased different mentorship programs and have completed REI courses but when it comes to taking action, I am getting stuck because I don't know if I am missing steps or not.