One of the key benefits of a DSCR loan is that it allows you to qualify based on the rental income the property is expected to generate, making it ideal for those with multiple properties or who may not have a strong personal financial profile or W2.

(never heard of them) for triple the rate of the old policy!

Competition- for the same type and price point are there any new locations coming in board.5.  

If you buy the properties they don't want (hoarder houses, dilapidated investments, etc.), then you can get them below market, fix them up, and make the numbers work.

I am coming near the end of this project and have already started plugging in some new addresses to run comps and get a jump on the ARV calculations to improve my experience going forward.

You don't get a call from your W2 on Christmas Eve to come unclog the toilet (unless that's your job).What was the reason your properties in Indy ended up negative cash flow?

Purchase price: $45,000 Cash invested: $40,000 Property Renovation Overview: 1453 Southfield Dr, Columbus, OhioWe are excited to showcase the extensive renovation of 1453 Southfield Dr, a testament to our dedication to revitalizing living spaces and enhancing the experiences of our tenants.

Quote from @Lorraine Hadden: He also said to be fearful when others are greedy and to be greedy when others are fearful.Some people are holding onto their money, waiting for a correction so they can snatch up deals.

If it is interest bearing than most states require that a portion of the interest goes to the tenant.

At this price point you'll never hit the 1% rule.