But they pay based off rental comps.

I believed the hype and signed up for the services but immediately withdrew the contract within hours after feeling like I was gamed.

Hello, Been in touch with Von Finch Capital and looking at their offerings (Denver based syndicators) and like what I see but would like to hear from people who have invested with them.

Gives the perspective on why it takes some balls to get into the new construction game.

If you know Gary then you are ahead of that game on a competitive advantage.

Also realize that the taxes on the unit that you are basing your purchase on - are the current owner's taxes.  

My advice is to speak to a few local HMLs and ask them for their rehab estimate spreadsheet, which most should be happy to provide.FWIW, based on my assumptions above, you can’t pay more than around $480k for this property.

While you're talking with bank find out if your next purchase would be based on your DTI ratio or if it would be based on the debt service coverage ratio of the prospective property.  

So my advice to anyone that would care to hear it is, do not buy a property based upon a video since a video will not exactly show you foundation issues, and other things that only being in person can help with.

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.