Let's get real for a second, the 2008 crash was driven by a housing bubble, risky subprime loans, and a complete lack of financial oversight.

This isn't always the best option since current rates are in the 6.25 - 7.25% range for DSCR loans. 2) A HELOC on their primary residence.

Property needs some fixing, but I think has potential (especially in our highly inflated housing market).

Purchase price: $127,000 Cash invested: $80,000 Sale price: $270,000 Rehabbed house for BRRR.

As a new agent, you'll be a complete amateur instead of using a seasoned agent who is an expert in negotiations, understands the market, has experience catching problems with properties, etc.A good real estate agent does a lot more than just find houses.

I'll point out some areas where there are potential pitfalls.The 6.11% cap rate is absolutely correct if the price is $5M and the NOI is $305K.  

Remember, most of these loans are not like your house loan, where the house is collateral, but really YOU and your income are the security of the loan.  

Hello Lesley, Have you thought about using a DSCR loan to do a cash out or rate and term refinance to recoup the out of pocket money you have spent on the property.

The ARV value came back at $201,000 and a condition rating of C3 with a reported median rental figure of $1,595.

The most common benefits a landlord can get from an arbitrage agreement are: reduced vacancy expense, decreased maintenance costs (most arbitragers agree to fix any damage done by guests), increased rent (most pay a premium), reduced number of hours managing the property (aka it's more passive)Some less common benefits, but still worth mentioning: Using the property to host their own guests at a lower rate during the "vacation season", Revenue sharing, arbitrage managing landscaping, and other management tasks.