Consider putting the property up for sale and get your life back on track, then try investing again.

We have several who drive up from the Joplin Area.Definitely worth your time.Next meeting is February 11th, 2025

@Dustin Sanders We have a couple of options that can still do a 15% on DSCR, but as Stephenie eluded to above, everything else has to sort of line up in a perfect scenario to make it work.

Knowing the rent will likely show up each month—even if the tenant has challenges—removes a lot of the uncertainty that can come with rentals.The people listing this apartment as a “Section 8 property” are likely trying to target buyers who value that stability.

On these we are targeting g loans even we wouldn’t normally consider; EXCEPT for the fact that we are receiving so much collateral that we end up at 35% LTV or less.  

Fewer people can afford to buy when prices are high, increasing demand for rentals and driving up rents.

A VA can be trained to fill out contracts and paperwork anytime to free up your time.

These are typically interest only and require a payment of 1-4 points up front depending on your area and the PML.

Somewhere in the middle is likely your best bet for a 20 year timeline.I have almost 50 units here myself and that's about what my portfolio is cash flowing at this point combined LTV is around 65% as loans have gotten paid down and values have went up.

It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.