Considering how crazy the real estate market is here in Florida, I've been evaluating alternate means of sourcing potential investment properties, one of those being tax deed sales.

It is important to keep in mind that DSCR is just one factor that lenders consider when evaluating a loan application, and other factors such as property condition, location, and market conditions also play a role.It is also a good idea to consult with a financial advisor or loan officer to get a better understanding of the loan requirements and to get an idea of how your investment property will be evaluated by lenders.Feel free to reach out if you need more feedback, happy to help.

Learning how to evaluate properties and shaping an agreeable portfolio is.

For analyzing properties, BiggerPockets, DealCheck, and Roofstock are great tools to evaluate cash flow, ROI, and cap rates effectively.

You cannot evaluate liability based on a snippet from a contract.

Because I do not want to run a business, I want to spend my time evaluating, negotiating, and maximizing investments instead.  

We sold one property this year where we wrapped the 4% mortgage note into a 10% note and as a result are enjoying a 17% annual ROI for a minimum of 2 years and possibly as long as 10 years if the borrower/buyer does not pay us off early.After 40+ years of real estate investing, in many different markets across the country during many different economic climates, both in residential and (primarily) in commercial, I can tell you that hard and fast “rules” should be constantly evaluated to see if they are limiting the opportunity to “jump start” your wealth building.   

If they won’t budge, evaluate whether the new terms still make financial sense.

However, not everyone has the income to qualify conventional, so the alternative route would be DSCR loan where the program doesn't look into your income, instead it evaluates based on the subject property rental performance based on the ratio system.

Over 20 years ago when I started a hard money fund a “potential” client asked me to evaluate a potential acquisition for him, which I did.