@Steve Cheslock I wonder how you check if a market is already saturated regarding wine storage business?

Hey @Anthony Carollo - welcome aboard and hope to do business with you in the future! 

DependsDSCR CAN be a NonQM loan where they always disclose.If you are an experienced investor who owns and operates a business some lenders classify yours a commercial loan (the same as high rise office).

The truth is that building wealth is a slow process and the odds of hitting the lottery, inheriting massive wealth, or suddenly getting a huge lump sum are absolutely tiny.

We have a friend in Louisiana that is a contractor and another friend that has 2 rental units there already so this is the reason we are looking in Louisiana, plus costs in NY where me and my business partner live are way more expensive of course.

So I'm new to the multifamily real estate business here in MD. 

I have put together budgets and started a business plan.

Don't rent to a friend unless you are an experienced owner as friendships and family relations are hard to manage through business transactions. 

After hearing them explain it, my mind immediately started spinning and imagining all types of ideas to support some of my future real estate business plans.

I'm Ivona, a Canadian investor eager to expand my business in the US.