If there are any anomalies that occur which require more expensive repairs then that ratio can and will be higher, especially in your first year or 2 of owning a property as you work to get things stabilized. 

Do the lenders that you use for the DSCR 30 year loan product require a lease to be in place before the loan funds?

If utilities are present, the property is worth what other bare land properties in the area are worth.

Utilizing an attorney sans title insurance can work well - IF the attorney is knowledgeable and experienced in real estate transactions and the parties are ok forgoing title insurance.  

Hi, 
My name is Leo. I own two properties and looking to new deals.As everyone knows, the current market on MLS is very competitive and then I am looking to a property through foreclosure.comhttps://www.foreclosure.c...

UPDATE:Yes, we are moving forward and the numbers on the purchase price, and terms of the deal, stay relatively the same (in the big picture).We opted to pay the agent out of our pockets.

Quote from @Donald Hatter: Quote from @Shafi Noss: I am interested in building rentable SFHs in Houston.

Keep in mind that rates does not fully translate everything.

I was hoping this was going to happen so I wouldn't have to take time out of my day to send in the BOI on all of my entities!

I just put down an earnest deposit on a single-family home in the 63134 ZIP code.