We were not educated in the work and financial planning for such an undertaking.

It takes a considerable amount of skilled and reliable labor to complete 25 homes, so we suggest subcontracting all the trades and retaining a small in-house crew of experts in individual trades such as framing, masonry, roofing, etc.

I have worked on many loans where the proceeds went to an individual's account or even another LLC account that the borrower was able to prove ownership of.

We were not educated in the work and financial planning for such an undertaking.

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.

We ask for the financials that show the actual insurance costs.

Important thing to discuss would be the financials of the business.

They're constantly in need of suitable housing options for their clients and would likely welcome the partnership.This could be a golden opportunity for you, Keisha, offering both financial stability and the chance to make a positive impact.

Example: "I want to build financial independence through real estate investing.

Any suggestions on which filters I should be using to target such individuals?