You're correct on your positives and negatives, but I would have some doubt on the DSCR disqualification - there are different loan products based on different asset types + markets.

If I have to serve a 3-day Pay or Quit more than once, I will get rid of them.When you let little violations go, they eventually grow emboldened and hit you with large violations.

There are still some deals for flips, but numbers are tight right now - last deal I reviewed last night was only a 5% COC assuming everything stayed in budget - we decided it was not worth the amount of capital at risk for that type of return.  

Do not pay him he is a fraud type of guy. he won't teach you the right way of doing it. he will just sell you something you can find online.

West Philadelphia BRRR What made you interested in investing in this type of deal?

Another Buy, repair, hold for rent What made you interested in investing in this type of deal?

Depending on the type of property, the tangible property typically represents about 30% to 40% of the property's purchase price.

What made you interested in investing in this type of deal?

@Ruchit Patel...depending on ages of the people in your family, the reverse mortgage is usually a tool to help with this type of situation. 

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