The Rio Grande Valley includes the following areas: McAllen, Edinburg, Pharr, San Juan, Alamo, Brownsville, Donna, Harlingen, La Feria, Mercedes, Mission, Port Isabel, South Padre Island, and Weslaco. https://riograndeguardian.com/edinburg-is-now-the-12th-faste...

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 = 1.23DSCR lenders generally let you vest either individually or as an LLC.

Some people bill back the water/sewer (say on an SF when you know the exact amount), some include it in the rent, some charge a fixed amount per month.

It is also possible to handle a turnaround in 2 days including paint and carpet. 

He specializes in providing financing solutions for a range of projects, including bridge loans for 1-4 Family Investment Properties, Multi-family, Mixed Use, Ground-up New Construction, Fix & Flip, Fix to Perm, and Bridge to Stabilization.

Currently buying a duplex that needs a full gut and renovation including windows, roof, floors, hvac, plumbing, drywalling, kitchen, and bathrooms.  

Hi Paul, Dont forget to Research the current real estate market conditions in Suffolk County, including trends in property values, rental rates, vacancy rates, and demand for multifamily housing.

And in response to the financial partner, including Realtors, they aren't educated in current and constantly changing legislation that affects you and your rental property.

Hi @Jonas FrederiksenI’de be happy to discuss your options.As mentioned above, up to 75% financing option is available, including foreign liquidity for eligibility.

I am always down to talk about real estate investing in Columbus, Ohio.I can share insights on investing on both single and multifamily properties, including out-of-state investing.