You don't know what a good property is because you are basing it off metrics from a couple of years ago or the one percent rule.

They shouldn't be allowed to issue Rules that clearly state one thing, then issue violations based on another, without explanation. 

I like @Christopher Phillips idea- surely a local bank would extend a line of credit to you based on the equity.

Currently under contract for a large off-market residential property.Quick details: 4,200+ sqft 12bed / 5bath (2 kitchens) (No a flood zone)(Light - Medium rehab / rent-by-the-room play)My partner has been a PM in this community for 20+ years and is highly confident in this deal (as am I).The current issue is, we aren't confident the property can close with a bank due to a few seller complications.( ^Very long story, but if you want to hear it I will tell you haha)We're looking to over-raise about $335k ($255k purchase and $80k for the rehab).But we (and our contractors) know the rehab portion will come in a bit lower.Can anyone point me in the right direction?

This is why many people buy real estate within an entity (LLC) and only buy 1 property per LLC or a few based on their value/equity. 

View report*This link comes directly from our calculators, based on information input by the member who posted.

View report*This link comes directly from our calculators, based on information input by the member who posted.Hey everyone, 25 year old Orthopedic Surgery PA in Staten Island, NY, looking to garner my first investment in the world of real estate.

You may be able to do a stand alone DSCR based second mortgage.

Depending on how big the church is and how many people attend will likely play the biggest impact on how much you’re affected.

I am playing with the idea of asking them to create a monthly vacancy rate for my properties as part of THEIR job.