DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

Instead of posting a question and waiting hours for Bruce to respond, you can ask AI and it will tell you what Bruce will say based on previous answers!

I would like to find a lender who can approve me based on the property and what it will bring in monthly as a rental rather than on my personal finance and credit. 

Montgomery has a great rental market. 1)The last numbers I saw showed 47% of homes here are rentals. 2)That is due to a strong federal job market with federal courthouses, Maxwell and Gunter air force bases. 3)Lots of state jobs, about 10 colleges and universities, tourism, 3 major hospitals, 4)a Hyundai manufacturing plant, and Amazon is building a distribution warehouse.5) Low property taxes.6) Population growth.7) Landlord friendly state.8) We can typically hit the 1% rule on rent to price ratioFrom Wikipedia, Alabama has the second lowest property taxes behind Hawaii.2.

I have created my own if you would like me to share mine, you can DM me.Once you can get an idea on your return based on the interest rate and down payment scenarios, I think that will help to decide which is the best option.

BP being investor based.. investors will have less homes to fix and flip to retail buyers ???

After re-reading Pricelabs' section on their recommended base price not including all the various fees (not just cleaning, but for example, Airbnb's own fees, etc.), I've reformulated the base price to consider all these fees so that it better reflects the total price the guest is paying (independent of taxes).

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

Made up nice round numbers, and yeah these are extreme just to highlight the concept:MLM tenant: 8% cap is appropriate based on comps, paying $100k/yr. $100k / 8% = $1.25m.Dentist: 7% cap is appropriate based on comps, paying $100k/yr.

Don’t get caught up with just wanting to buy a property and hoping it will work out in the future based on projections.