Wipes out your reserves.That exact perfect storm happened on a brrrr deal of mine.

It looks perfect for me, but I'm concerned there may be something bad that I don't know about.

They're perfect for people who might have inconsistent income or don’t want to deal with the strict requirements of conventional loans.

Hello all, I have a family member that has a decent property 4bd 2b  2 car detached garage on about 1-2 acre value is around $230–250 and if cleaned up and in perfect condition $300+.  

It’s perfect for this kind of strategy since there’s a lot of interest from both expats and tourists.

A conventional loan may come in slightly cheaper, that's true, but the red tape on conventional mortgages is excessive to say the least.No Reporting on Personal Credit: DSCR loans are kept off your personal credit profile, which is perfect for keeping your personal and business credit separate.

Filing/recording the mortgage is what establishes the creditor/lien position and puts your ahead or behind other creditors who may be using the same property as collateral (secured and perfected vs secured but unperfected).

When i adjust my total investment cost to match that of the BP calc($167800) my COCROI and my multi year ROI match it perfectly which gives me some confidence in my calc.These are the rest of my number for this example.

There is no perfect software out there.

It's not perfect, but I like to read the reviews from residents on the site