Almost everyone here on BP will tell you that they wish they had started earlier, myself included.4.

The interest rate is only important for your ability to pay and will not factor into anything in the future from an equity standpoint (But good luck getting a 5% rate when market rates are nearly 7%.

For example, if in-unit washer/dryer hookups are the norm, I would include the actual appliances as a simple way to exceed the expectation.

If the transferor were a foreign taxpayer, and  the Buyer or settlement officer, fail to withhold those funds, they could be held liable for the tax.FIRPTA withholding does include exceptions to the withholding rules.

Hi Forrest,Our office is in CA but we can do flip loans in most states including VT!

The first project was relatively small - 8 units including 3 retail spaces.

The Mortgage would be around $3587/ month including insurance, taxes, Mortage insurance.

I just want to do everything possible to make sure I'm protected in every way, including making sure no one could ever go after non real estate assets like my stocks as well. 

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.

Any damage to the wallpaper, paint, walls, floors, carpeting, doors, windows, window treatments, light fixtures, appliances, or other improvements to the Property (to include burst water pipes due to freezing caused by neglect or carelessness of the Tenant, his family, or any of his guests), in excess of ordinary wear and tear, shall be promptly repaired or replaced by tenant, at Tenant’s sole expense, so as to restore the Property to the same condition as existed prior to the commencement of the Term.