Hey Julian, As others mentioned, DSCR loans will be underwritten based off of the appraised value or cost basis (purchase price + documented rehabs) depending on seasoning period when you are looking to refi.

Currently, I have a 4-plex in Texas which I purchased in 2020 (FHA loan that is now entirely a rental property) and manage independently. 

For example, 1000sq ft to purchase the HVAC it would run about $2,000 plus labor.

I purchased a $280k fourplex and it changed my life. ** Your results may differ.

Don't be scared to ask some hard questions and dive into what they need.I will wrap this up with three more examples of purchases in 2024.Last month I bought another mobile home park with nothing down, decent interest, and a ten-year balloon.

And by purchasing new you'll be basically eliminating capital expense items for years.

I have found a lot of articles on smart water meters being installed by some city water companies but not much on wifi enabled water meters for consumer purchase. 

. $450k and I will have $300k in cash once it is sold to purchase other investment properties.

Hi BP community, New investor here recently purchased my first investment property (duplex) in Fort Wayne!

Institutional backed money and hedge/equity funds have entered the market and spending large sums purchasing SFR needing rehab, thereby lowering supply available to wholesalers/flippers significantly.5.