“When you know what you want, and want it bad enough, you will find a way to get it.”

Having separate checking accounts (and credit cards) specifically for the rental properties might help the most as far as expense organization (and tax) accountability.

I am thinking the following:This would be a wrap around mortgage as I still owe $165k on it.Sale Price $245k (market price)10% down ($24,500)10% Interest 30 year (please tell me if thats a bad idea)Monthly payment based on 30 yr ($1930/mo + tax and insurance) = $2448/moPlease let me know if i left any pertinent information out.Any sleuths out there can check it out. 🤓 (1032 E Tucker St Fort Worth, TX 76104)

With lower credit score myself because I did not do credit much it is hard for a bank to see if they want to take me on.

DSCR's are based primarily off of the DSCR ratio, cash flow, borrower's credit, and leverage.

This law prohibits an institution from disclosing a consumer’s nonpublic personal information like Social Security numbers, income, and outstanding debt, to companies that are not legally related to the institution.https://www.ftc.gov/business-g...https://www.ftc.gov/business-g...Also, most credit agency contracts do not allow their clients to share info with 3rd parties, which an owner would be.

TIA. a shipping container home. you can buy them prebuilt. stack them like "apartments" or connect multiple for larger units. structurally sound, weather and fire resistant. they look cool. and because of their size the entire house can be built in a shop (no bad weather days holding up a build.) loaded on a truck and unloaded at your site.

Imposter Syndrom is something everyone faces and when you add money or a big deal to the equation, it can feel a lot stronger.Something I had to learn is that those feelings of anxiety or fear isn’t a bad thing, its the hard **** you need to do to grow.

However, I don’t think you’ll be as bad as some people are thinking, especially since the market is shifting and interest rates are trending down.

Example:  My option has a sales price, a monthly option fee credit, a 3-5 year timeline, and add the last year a Owner Finance option to convert to a refinancable note for to complete the acquisition.