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.

I may not have enough to win a court case but I have emails of him needing certain documents like the BK balance and loan number which I found before it was too late and saved the deal because I knew it was public record Quote from @Marcus Auerbach: This sounds like a real dumpster fire.

There is a single family house in my market that I got an email about it being in bankruptcy.

On Monday morning, I get a call from the attorney's office telling me the sale was canceled and asked me for a mailing address to return the bank check.

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

Provide them with a list of properties that you have flipped in the past including dates, addresses, amounts, outcomes, etc.

I thought about including our umbrella but didn't want it to cause confusion.

HI @Michael Potorti in that price range I would add to @Samuel Diouf and include the east side around Whitehall.

Also IRS may not allow to convert the passive income to the Active income just transferring the rental Income from Schedule E to Schedule C, you'd better to have a LLC as the management.

Here is their summary of the bills:  would allow counties to phase out transient accommodation rentals as a type of residential use and asserts that any future "residential" use shall not include transient accommodations.