Quote from @Torrean Edwards: Quote from @Pat Parrillo: Welcome @Torrean Edwards What are some of your goals with getting back into the Real Estate game?

my property appreciation varies from a low of $2700/month to over $10k/month.   

We can all do the digging game and question who should have a bigger voice.

I vote for gladiator games; last man/woman standing gets to post 🤣

It's all fun and games until your bank freezes and converts your line for any number of reasons that are in the loan agreement.

Typically there is a small window for you to appeal (although this could vary county to county). 

But from my limited time in the game, I’ve found that my complete lemons are cash cows a few years later as market rent comes up well and my cap ex fixes a few years ago have paid off.

So you really need a downpayment + 15k to be in the game.

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 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).

SB 9 sounds like a real game-changer for California investors.