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.

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 was recently laid off from my job and have three issues: 1) No way to get a conventional mortgage 2) Need a place to live, and an advantage: sizeable savings on stock, bonds.I want to start investing in RE (ideally multifamilys), but for now I want to start small: buy a condo to live in, and [whenever I buy a multifamily I could move to] rent it.I would like to evaluate my high-level strategy, and get your comments:* [Soon] Get a "securities line of credit" worth around 15% of my savings.

.: $125 per month, but I assumed 10% Capex+Maintenance: 5% (Assumed this since the home was recently rehabbed and all major items have 7+ years)Property tax: ~$5,000 (Could increase in the future; not sure)Insurance: ~$600Cash flow: ~$250 per month (while not huge, I expect some appreciation)

The seller's agent says that since they are not notarized, legally they are considered month to month and gives me an opportunity to make changes in rent or tenantQUESTION: Considering the above conditions, how do I increase the valuation of this property?

As rents grow (assuming this is in a good area where population and incomes are increasing), you can then bring in the property manager and cash flow.

Purchase price: $180,000 Cash invested: $40,000 Sale price: $299,0004 family flat, 3 units occupied rents all at $625.00 increased all to $750 with 3 month,6 month,12 month and month to month options.

I wonder if it's not that tracking your net worth increases net worth, rather the people who are tracking their net worth have assets to track.

My question is:Is it worth taking her to court to move her fence 2.7 feet over to her side, pay all the legal fees involved with this, and have an unhappy neighbor or should I just build my privacy fence around her and move on?

Personally, I know a LOT of people are expecting cuts to start happening in June but with the spring market being hot here in Winnipeg and with the recent carbon tax increase I could see inflation staying high forcing the BOC to keep the prime rate where it is.