Then re-calculate the estimated rent for your unit based on the comps you selected from their reports.

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

And who has the non-listed property deals because they are our clients, not to mention how we can get things done that others simply can't because of our reputation and report built. 

Understand factors like demand, supply, demographics, and economic trends.Diversification: Spread your investments across different types of properties, locations, and markets to reduce exposure to risk.Financial Analysis: Conduct comprehensive financial analysis, including assessing potential rental income, expenses, and cash flow projections.

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.

Variable costs include cleaning, linens, guest amenities, and utilities, with unexpected expenses like guest damage and turnover.

The loan will be in your business name and won't be reported to credit agencies, which is huge.

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.