That being said, most originators are hit with a clawback penalty if you payoff your loan within 6-9 months, meaning that the originator has to repay all commissions and fees to the buyer of the loan if you payoff the loan within that period.

All the best in your investment journey! 

This is what I’m seeing in the market: Leaning on existing lender relationships is generally the path towards originations these days.

Quote from @Devin James: The E-Myth is a classic!

Credit scores are made up of many factors, one is the utilization of an account vs its credit limit.

The 3 main banks here are BPPR, Oriental & First Bank.  

What caused the issues is that I went into a deal with a partner and he corrupted the deal, my first new construction build. 

So the main advantage of a DSCR in this case is just the fixed rate? 

@Cheri Banet, the amount you owe has nothing to do with the taxes you will pay. 

The marketing isnt that important in my opinion but the professional photo/ video is a huge game changer and I dont believe that someone is going to make much profit at .5% on the listing side.