I have since then increased my net worth to over 100k invested and completely debt free with a credit score of 745.

Now that the Fed has signaled rate cuts in 2024, the expectation is that deal flow will increase again in the second half of the year.

In the DSCR world, there's more than a 1% difference between a 70% cash out refinance and an 80% cash out refinance and with that increase, the rents may not carry the mortgage payment at 1.25%. 

As you pay down loans and increase rents suddenly you’re making more and more money and those suspended loses go away.

The fact that the money was all spent on the capital expense is your problem—you have to use another pocket to pay your now-increased income taxes.

It provides us with the flexibility we need to start renovations at a time when we have financial and plans set, ultimately increasing the property's value and appeal for future long-term tenants.Our decision is not just about financial gain; it's about providing immediate assistance to those in need, with the understanding that this approach also serves our long-term objectives.

Yes, you both will be on the loan and it would increase your buying power.

Funny story here though; we had actually dropped the rent to attract more views.

For example, all the tickets I got until I got my US license never resulted in “points” nor increase in insurance premiumI feel like an eviction record without SSN may not mean anything to them

But I note that foreclosures are increasing.