I also have rentals in Detroit that I get far higher rents with cash paying tenants than I would a section 8 tenant.There are a lot of factors at play and the answer to "why would the government allow our tax dollars to be spent this way?"

Of course if rates go down, you should be good, if they go up, then have them rerun your payment amounts and purchase power so that you're good to go there.#3.

Amortization length along with any DSCR requirements comes into play also to determine what kind of down payment requirement you may have to meet. 

That’s where details come into play.

Inspection was schedule for today but when the inspector / my realtor arrive the power is off. 

(in terms of pros and cons).You can also use rentals to provide additional borrowing power if your rental currently cashflows from a tax perspective.Hopefully that helps your scenario advance forward in terms of what to ask and think about.

A couple factors that come into play when assessing cost:1.

Hi everyone,This is my first time posting and I had a question regarding DSCR cash out refinancing:Are the DSCR loan amounts calculated strictly on the debt service ratio or does an appraisal come in to play? 

@Justin Jefferson first, some cold realty - you're about as likely to play in the NFL as you are to retire via real estate in 4 years.Are they both possible?

I have been playing the multifamily game for almost 10 years now, and the GRM is one of my least favorite methods personally since it ignores so many important factors (steam boiler versus electric baseboard heat as an example).