I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).

I wonder if Realtor dot com is licensed then in all 50 states.. so they can legally take a slice of the commish ?

IF all projections are met and the property is sold after 5 years it will be about a 10% annual return after all capital gains taxes are paid. 

Hi all,I’m trying to create some anonymity between me and the tenants.

You’ve joined a supportive and knowledgeable group, all here to learn from and help each other grow in real estate.

All the best to you as you continue your journey.A

If you're comparing all markets to just one, especially Orlando right now, it's no wonder you don't think STR are a good idea.

Hi all,Does anyone have experience with rentals in the Historic Anacostia area?  

Or is that all provided by a investor friendly title company.I'm speaking from a new investor/landlord perspective that has not completed a seller financing deal.

My thoughts on this would be - when you're taking out all money that you have invested into a property AND the property has enough equity that any loan fees can also be covered through the refinance AND the property still cash flows, you're getting an investment with no cash of your own.