I was given the loan terms verbally from a DSCR loan broker out in California for a cash-out refinance on one of my rentals.

When you run property management numbers - they get 'ugly' real fast.Lets say you buy a long term rental and it rents for $1,200/month, and if you financed it, it costs you $900/month for a fully loaded (Principle, interest, taxes, insurance) mortgage.  

Hey Cameron,Sorry for the delay,  in math terms 6% is 1.5 times 4%.However, for tax purposes it is not that simple, for your primary residence you get a lot of tax breaks such as not paying for schools, and an exemption of the first x $'s etc.  

The house is now worth approximately $315k.Initially, we thought we'd stay here long-term, but we ended up with a larger house than we need.

It essentially pulls expired listings along with properties that have been sitting on the market for too long.

They are out on the lake all day, on the beach or riding the 72 mile long bike trail.

I’m Ian from Tanzania (Africa), stepping into the exciting world of real estate investment after years in digital marketing and few months of being a short-term rental agent.

Steve: This is a long and twisted pathway you are on.

Hi Amanda,I recently converted a mid-term rental into a Sober Living.

Long story short, the broker reached out and had the claim paid out.