Hey Daniel, If you are qualifying for a DSCR based loan, you do not have to do the extra step.

Also, can someone tell me how seller financing usually works.

Probably an extra clause in the lease should be added in the future to insure the tenant accepts the property as is when it comes to these internal elements.

You'll want to look at a trust as well to get an extra layer of protection.

“Usually” those site would.

We usually make our money when we buy. 

This is why the dreaded recession is often talked about, it usually portends high unemployment, which is an economic killer.

So once you have that clear, then the next step is to put a plan on how you are going to acquire the homes.you can network with wholesalers or find the properties in the MLS. also, you can drive for dollars, send direct mail to motivated sellers, place signs, advertise online or on radio or billboards, etc.There are so many different ways to find properties, I usually have about 20-30 properties under contract every month.

That that extra due diligence time for the new commercial property would give you time to get your old ones sold.2.

In the old days (before I was working) people usually had to put a much larger amount down and it seems we are going back to that for now.