It takes you  1000 malers, calls or text to the list Propstream is spitting out to get one deal.It also takes you that doesn't use propstream, 1000 mailers to random lists to make one dealTHERE IS NO GADAMN DIFFERENCE!! 

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.

I was thinking about different ways to avoid the 6 month period in which one has to own the property for in order to refinance cash out.

From there every 20 point increment affect pricing differently.

DSCR Loans are going to be strictly business-purpose 1st lien loans - so something like this with a closed end second or HELOC is going to be a different product entirely.

We are located in Chicago, Illinois - if that makes a difference..

Also, there are numerous challenges dealing with Turnkey providers:1) Terrible renovation work - we've taken over many properties that investor bought turnkey and they were shocked to learn the true condition of their property from our TakeOver video.

I have been analyzing a lot of different areas in Cincinnati, Cleveland and Columbus.

Kiyosaki probably did it 40 years ago (if at all) when things were very different.

Many Non-QM lenders approach collateral much differently than an FHA, Conventional or VA loan.