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.

I don't "freak out" over opinions but I do base them on verifiable facts, not a story I heard or a guy told me.

Rents will vary depending on that factor as well as room size, how many bathrooms (are 3 bedrooms sharing one common bathroom and you are in the primary bedroom with private bath?

Based on what Nathan Gesners relative is selling their 23 acres for  1 mil an acre we have about 100 to 120 million dollar prop once brought in. we have been approached by the big boys we got an offer last year of 20 mil and turned it down LOL  .. my partners are all younger than me and bought their options in their Roth IRAs  its a pretty cool long term play with some risk of course.. but oh such upside for them..

Although the amount that a point will buy down will vary on the spread.

You may be able to go up to 70% CLTV and qualify based on the market, short term, or lease rents covering both the first mortgage and second mortgage payment. 

You earn appreciation based on the market value of the property, not your equity.

@Bryan Nwokem since I don't know nothing about real estate since I'm also new the fact that you said this is a new build and based on the rent I would just go $1,700 a month that would be me if I was in that position but then again I don't know numbers.

Here's a snippet from our starter course on becoming a Local Real Estate Developer and it will help you understand where the value comes into a development project to see how to weight the equity and deal terms based on the experience of the partners in the deal. 

@Matthew Paul you are right, this wasn't a home run deal, just a base hit, you can't expect to have a huge profit when it's just a light rehab.