But you decided to take a 10, 15, 20 year term which means higher PITI payment and lower monthly cash flow?

What is the maximum time you allow for payment of security and 1st month's rent after an applicant signs an ONLINE  lease - 1 hr, 24 hrs, 48 hrs?

We are needing some input on if we should go ahead and move forward with this HELOC to help fund our future renovations/future investments or if we should be using our own cash.

How much is the property, and what cash flow are you seeing?

.- 12/13 the check of course bounces due to her putting a stop payment on the check- 12/13 I was notified that she turned off utilities on 12/12- 12/14 I provided her email stating I would be checking on the property on 12/15 (24 HR notice)- signed lease through August 2018- I have $1650 ($1350 rent and 300 pet deposit) in security deposits- upon checking on property I found that there are no items of value in my property and she had left all keys and garage door openers that I had originally provided her.

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

Think of it as cash on cash return, you leave money in the house and in return you get monthly cashflow. 

They did make a payment but that went to the mortgage company.

Purchase price: $302 Cash invested: $7,500 Multi family unit What made you interested in investing in this type of deal?

If you are trying to use it as collateral in replace of a down payment or as income thats not going to work.