Quote from @David Cherkowsky: Hi All,I purchased an investment property in the middle of last year and to this point have been using 0.75*lease value in my DTI calculation.

Additionally, I’m a licensed realtor in Pennsylvania, which has allowed me to expand my expertise and build a solid foundation in both investment strategies and the local market.I’m eager to connect with fellow investors, share insights, and learn from this amazing community.

Of course we wish you the very best of success with this investment.

My wife and I live in Easley & invest in this area.

Investment Info:Single-family residence fix & flip investment.

Our group has members from all over the world and we invest in many countries.

Hey BP Community,We all know real estate investing requires money, but not everyone starts with deep pockets.

@Chase AlexanderRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Quote from @Evan Malburg: Hey BP Community, I'm new to investing, but not new to real estate.

Investment Info:Single-family residence buy & hold investment.