Cash Flow Needs: If a business faces cash flow constraints, refinancing to lower payments or extend the loan term can help improve DSCR by making debt obligations more manageable.4.

I am barely looking at them because with my underwriting (that some would consider conservative), even properties below retail bleed cash.  

The big play for tax sale in CA is bare land in the high deserts and in the areas that have a lot of old recreational communities were lots never got built on.

It is improving, meaning sellers and builders are facing a little more competition, but there is still a shortage of housing units in the region. 3) Rental prices are strong and single family homes and townhouses rent very quickly.

You don't want one where you can barely land and take off.

What problems could I face with this?

I have close to 100 doors, thus I will pick up something even if it is barely cash flowing so that my other cash flowing assets can pay down the mortgage reasonably quick.

My guess is these guys have no idea what they are doing, will dig about 30 feet and then drop off the face of the earth when they figure out they vastly underpriced the job, and especially will do so when you tell them you were thinking $250 was closer to the value 🤣

My online license course barely mentioned regular mortgage financing.

But just in terms of my face not changing when someone is too warm and wants to run the a/c or drop the temperature... its been fantastic.