When it comes to basic necessities such as food and clothing, groceries are around 6% less in Jackson, TN than in the rest of the country, while clothing costs around 6% less.

However, 2 years ago they moved back to our original country and left me and another family member the house to pay rent.

My profile has a long list of lenders that do HELOCs on investment properties in different parts of the country…and I’m not selling anything.You obviously hit a ceiling, which is why I went over to DSCR lenders.  

While there isn’t an exact, commonly agreed-upon definition out there, here is a handy definition for this specific loan product:DSCR loans are mortgage loans secured by residential real estate turnkey properties, strictly used for a business purpose and underwritten primarily based on the property.Important note: DSCR loans refer to the specific loan type, and the “DSCR ratio” (debt service coverage ratio) is a metric used for underwriting and evaluating these loans (and other loans), but the metric and ratio itself are distinct things versus what is referred to as “DSCR loans.”Some key things to note in the definition:DSCR loans are secured loans (meaning that there is collateral that the lender can take if the borrower doesn’t pay back the debt).

I agree partnering is something I won’t take lightly, I really would want to collaborate with folks that are on the same page and have similar goals that align with my own

For the record, I’m from south Florida but invested out of state because it’s so expensive in this part of the country.

I have to agree that the mechanics of that game as well as The SIMs, would most likely work in the this type of game.

Check the laws in your country.

I agree 100%. 

Approved applicant pays the HF, you pull the listing for them and the applicant already has agreed (in their signed application) that a lease must begin no more than two weeks from the property's availability date.