Potentially a good idea to search out a good Non-QM/DSCR focused mortgage broker thats on the ground in Las Vegas to find you a good optionDSCR Loans: What Are They And How To Get The Best Termshttps://www.biggerpockets.com/...DSCR Loans: How To Use Pro Strategies To Save More And Make Morehttps://www.biggerpockets.com/...Multifamily DSCR Loans: A New High-Impact Loan Option For Real Estate Investors?

I am seeking a private loan to facilitate the process.

Hey @George Drexel, I spent many years as a mortgage loan officer.

With low inventory, with no substantial new housing coming up when interest rates will go down, there will be more buyers than houses for sale.Reason #5 is that as interest rates start to go down, a lot of other people will jump in, leading to multiple offers, resulting in higher prices.The minute mortgage rates will drop and come to a five in front of it, the world is going to jump back again into the real estate market.

Many homeowners seem to be converting their once primary residences into Airbnb rentals rather than selling, benefiting from their low-cost basis and the low mortgage rates they locked in.This pattern could persist, possibly diminishing the profitability of STRs for quite a few.

Hey, I'd love to start my own venture capital or private equity firm.

The general rule of thumb, called the 50% Rule, is that non-mortgage expenses will cost you around 50% of the rent.

Not a rental first and then your primary.)You can defer the taxes by reinvesting the entire net sales proceeds (including mortgage payoff amounts) or more in a new rental, this does not apply to primary homes.

I was told that “Due to my Mortgage Credit Score being 660ish.

We would need to verify that you are able to meet the DTI requirement since we will not be able to use rental income to offset the mortgage debt.