Nashvilles market is insane and the BRRRR method just does not work with rates.

Which is still possible to get a negative DSCR loan, but the rates go up a bit for the associated risk!

Hello all, I just wanted to share with you a piece I wrote about BTR trend in Sunbelt states...would love to hear your thoughts about it.The Sunbelt states of the United States are currently experiencing a housing conundrum, a cocktail of high interest rates (approaching 7%) and dwindling housing supply that's reshaping the real estate landscape.

The house is particularly appealing to me due to the low mortgage rate that he got in 2020.My question is whether I should buy his property "subject to" or add myself to the mortgage/deed.

I am simply asking to include something like, "unit has brought in rents well above market rate year over year" or "unit is cash flow positive". 

Their tax advisor proceeds to let them know all the problems, and amendments need to be addressed by 3/15 of that year to be respected for the prior year :)For the sophisticated investors...the CPAs are (almost) always a part of the conversation with the attorneys when there are LPs involved. 

What's the accuracy rate?

That amount will have an effect on the premium for that portion of coverage of course, but shouldn’t raise rates on the rest of it. 

In April, shopped around a bit with a different agency, but they couldn’t find a cheaper rate.

The highest insurance rates in the country are in Florida right now, but I still like the state in general.