The victims weren’t a bunch of super rich people where it didn’t affect them.

At least a bank that you have your relationship with and super strong deposits  and could probably hypothicate them and get a under 10% rate.. just musing..

He introduced himself for a long time telling us how poor he was and how miserable his life was before he did a mysterious 3 days course...and then briefly talked about investment strategy (super brief)... then he tried selling us the 3 days seminar at a 787$ price if we were to take it on site (I later found out on the internet that the price is 787 whether you take it on site or not).

.$1396.99 2023 LG OLED 65" 4k Evo TV Magic Remote Alexa Built in - https://www.amazon.com/gp/product/B0BVXDPZP3/ref=ewc_pr_img_...Ok so this is a stretch for a lot of us, but if you have a higher end rental, an OLED TV is super nice.

I’m taking my Real Estate License exam in a few weeks, so this is super helpful—appreciate it!

You can also go straight to the source - Direct DSCR Lenders - don't necessarily need a mortgage broker to shop for you (especially if you are here and asking the right questions and clearly are sophisticated - unless you are SUper-strapped for time, you don't seem like an investor that needs to pay a broker for help - go straight to the lender)3) Last question- i'm seeing rates on DSCR loans in the 7.2% to 7.5% range, in addition to 1 to 2 points and they likely track 10 yr treasuries (4.26% as of today).

Incredibly sweet guy, and was very interested in my story, and shared his which is super inspirational!

Here's what I'm accounting for currently:Mortgage (P&I)InsuranceTaxesElectricWaterTrashInternetVRBO/Airbnb feesGeneral/RepairsCleaning (though these will be passed through)If i'm super conservative on my monthly rate, I will need to rent the unit 10 nights/month to break even, if I am more realistic with the rate (according to my realtor who runs two STRs), i'll need to rent it 7-8 nights/month to do so.

Short term it’s too risky with super high P/E ratios.  

Cannot touch that one because it’s super low rate of 2%.