Our rep at Lendbase never called to apologize or ask if a prepayment penalty was an issue for us.

My underwriting would have this large negative cash flow for 7 years.I would do a thorough underwriting but want to show using quick math the issue so I will use the 50% rule.  

If I had an answer to my money issue then I would quickly pull the trigger on a good deal. 

I believe our team will continue to meet the level of service you expect in the future, but should you need anything or have an issue, please reach out. 

Hey @Patrick Braswell  You shouldn't have any issues getting a DSCR loan as long as you have at least 1 borrower who owns 20 to 25% of the property, or if a couple of you can get to that level combined. 

That means there is not really an effect on the debt to income ratio neither positive (income) or negative (loss) but rather simply making that payment  non issue. 

Separate issue is only 13% of CA homeowners pay for earthquake insurance because it's so expensive and the deductible can be really high.What are your re-building costs in your area?

I have struggled with the tenancy laws in Ontario (apart from cash flow issues) and hoping to diversify into a market where the laws are more balanced. 

But it's rapid price growth and sales activity could indicate a more volatile market, with the potential for corrections if demand slows as affordability becomes an issue.

A lot of the top places have seasonality issues so don't let it scare you.