A benefit to having the commercial property and entity is that we aim to utilize business credit, so that our personal credit and debt to income ratio is not tanked as we remodel or redesign or buy furniture. 

This is an essential tool for anyone buying a tenant-occupied property.

Husband and I are planning to buy our first  short term rental in Pigeon Forge, Tennessee.

I'm looking to buy 50 properties or so yes I'll need something. 

As a DSCR specialist, AZ is one of the 5 states that makes it strict for lenders, so less than 20% of DSCR lenders can touch it.Credit will play a factor, but assuming solid credit, 75% LTV at around 7.4% with no buy down.

So $1000 PI + 500 taxes + 100 insurance = the same as $1200 PI + 300 taxes + 100 insurance and when interest rates were 3-4%, 200/mo could buy you $50k more loan, so the house with lower taxes would be worth $150k vs 100k.

The more rentals you buy are you really retiring early?

It seems to be attracting buy and holds in hopes there is a turnaround to capitalize on.

I encourage you to keep your goal high, but keep in mind that buying a property with an ARV of 250-350 will be difficult to find at 80.

Well I wanted to buy a home and that was the only thing I found within my price range How did you find this deal and how did you negotiate it?