If you’re not in a rush to tap your equity, holding off until rates come down could save you money in the long run.

This speaks volumes about the challenges Buyers are facing when it comes to saving enough cash to purchase a home.It’s a reminder that understanding what Buyers need most is key to creating deals that work for everyone.

I also wanted to benefit from tax saving before the years end with a new property purchase.

Seller gets mad says will not sell house to us any longer and will be keeping the $10,000 in EM.25 day marker: Go back to the table because now we are still wanting to do the deal, well, I don't want to, but the other two partners want to save it.

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).

In addition to that without having any real debt other than mortgages we are able to live comfortably while saving almost 60% of our income. 

Even to them I say, "Well, I wish you found us first and saved 40-50k, however, use what you bought and make millions. 

For me, it was live in flips, short term rentals, mid term rentals, good income with a solid savings rate, buying after tax index funds, paying off the primary house, driving old cars, moving a lower cost of living area (from Houston to small town Maine), and selling a business to push me over the top. 

Save your money and get out there and network. 

Attend local builder associations or networking events, and focus on small contractors or businesses without in-house permit expertise.Highlight how you save time and ensure compliance—it’s a big value-add.