I’m living in Bay Area where finding deals that generate cashflow is impossible.

Our best use for the property would be to build a couple of large estate home (8k sq' and up) and form a private estate, but, being that we are in the County with no existing zoning requirements, we could also build what we want and potentially turn it into an income generating property.

Analyze potential rental income versus expenses carefully to ensure the property will generate income from the start.

Banks usually like to have their loans secured by assets such as RE, equipment/inventory, or other tangible things.Hope this helps.

In one deal referenced the poster highlights a major potential conflict of interest as Capella supposedly used an appraisal generated by the borrowers without disclosing this to investors, who later invested $3.9M to finish a luxury home Capella claimed was 80% complete.

One of the key benefits of a DSCR loan is that it allows you to qualify based on the rental income the property is expected to generate, making it ideal for those with multiple properties or who may not have a strong personal financial profile or W2.

A plain vanilla lawyer-generated set will cost somewhere in the $1500 ballpark from Geraci. 

Did you use AI to generate your posts, you slick dog...Haha, but in all reality AI is useful as a complementary piece for day to day activities.

You are talking about 22$ an hour per individual for an 8 hour day plus whatever equipment costs they need to cover.

Look for areas that are going to generate a lot of visits year round.