(Asking for financial data on properties).

This can provide more flexible terms and potentially eliminate the need for a traditional mortgage.Private Money Lenders:Private individuals or companies may offer loans for real estate investment.

To conclude my overly verbose answer, you need a very knowledgable financial planner.

Whether the juice is worth the squeeze for each individual is up to them.

Looking forward to get to know like-minded individuals.

If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.Here’s our OPINION for the Metro Detroit market (always verify each area for yourself!)

Additionally, If anyone would be willing to have a conversation about what they look for in CPA's and what they learned financially starting in the rental investing business I would greatly appreciate it! 

However, it's important to carefully evaluate your financial situation and future plans before making such a significant decision.

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.

There are options out there so long as the sell + buy strategy fits in with your long-term plans.If holding makes more financial sense, would you consider Upstate NY or Connecticut?