This criteria is for 1-4 and 5-8 unit programs.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.

Questions for the group:Are we allowed to charge a cleaning fee or not?

Conserves capital and allows investors with little to no cash to scale.House Hacking: Live in a multi-unit property while renting out other units to offset expenses.

For example, FHA loans allow for a really low down payment where others required a lot more. - It really is personal preference - everyone has their own "this is the best market."

However, I am hoping to know if anyone may have a referral for a solid lender who offers long-term financing (25-30 Yr Ams) who allows for a full CLTV seller carry behind their first.I understand the reasons why that vast majority of lenders do not allow this - trust me, I do.

STR's are a different beast entirely, whether professionally managed or not, but they do allow for an easier/quicker exit than traditional commercial such as retail, office, warehouse, or multi-family.

The calculations I ran had an 8.5% rate (poor timing on my part)First moving part, paying down your mortgage early allows for more of your monthly payment to go to equity pay down rather than interest.

It is just that a lot of people lose from individual stocks.

I get the same problem using 3 different pc's.I use the samepassword manager app for thelast 15 yrs, so I know I am not entering in the wrong username or password.Sometimes it allows me to log in and sometimes it says incorrect username orpassword.

This allows you to adjust your budget as you go, based on actual costs incurred in earlier stages.Given the specifics of the property and the ARV, your $60k estimate might be in the ballpark, but it's essential to validate this with as much local input and professional advice as you can gather.