Hey,I am not sure where the conventional rates fall in your market but I originate DSCR loans and that rate is closer to where we would be on our side. 

We may have not built that perfect version yet, but it's only through our execution and learning experiences like these that allow us to get one step closer.

The tax sale "launders" off all liens except local government liens--sewer, grass cutting, demolition. 

We still have them today and each one is worth closer to $400k. 

.- Gardening maintenance (just to prevent the grass from getting too high, not an improvement).- In-year tax consultation ($300).- Commission to my buyer’s agent ($300).- Insurance premium ($1,000).- Insurance deductible following a claim ($1,000).I believe the property won’t begin to depreciate until it’s in service, which seems to align with how TurboTax is set up.

And the 30% ratio does not work well in extremely low income area, you need to assess closer to 20 or 25% of income. 

I'm based in the Northeast Philly so I'm more well versed in closer to Philadelphia areas.

I used to live in Lake County and worked on a project in Grass Valley so I would drive highway 20 frequently. 

If the buyer has good credit, you might go lower, while buyers with poor credit might justify a rate closer to 9% or 10%.Market-Based Adjustments: Keep in mind the current prevailing mortgage rates (which are currently around 6-7% for traditional financing) and adjust accordingly to stay competitive while still reflecting the added flexibility of seller financing.3.

Your investment can be a lot less and you will be much closer to rental income.