You would need to raise your down payment to $1,320,000 (65.2% LTV) for the DSCR to be at 1.25%.

I've had a business like, capitalistic mindset since I've been 3 years old being raised in a family business.

I was born and raised in the Bay Area myself.

Built a raised garden bed in the backyard.5.

If the summer rental season is lost or severely impacted, there will be many owners with equity needing to raise money and not many qualified buyers.

Prior to the breakout of Covid-19 there were many private investors/lenders happy with a 8%+- return. The stock market felt "over priced" for many of them and other fixed income products offered far less upside. Now t...

@Faysal AlamAs someone born and raised in Queens I can tell you the deals there are terrible. 

After raising the rents, and decreasing the expenses, my expenses are 37% of my gross income.

We should be very grateful if near term unemployment doesn’t spike WAY beyond 10% so that is an incentive not a floorExtension of unemployment benefits to 3 years, the $600 a week boost and the opening up to independent contractors a huge boost thereNo stock buybacks and no real raises in CXO compensation for 3 years or term of the loan.

You could have made much more money by getting rid of them, cleaning the place up, and raising the rent to market value.