This person would essentially be instrumental in putting the entire deal together.Given the significant role this individual would play, I'm curious about how their involvement is typically reflected in the closing documents, if at all.

@Andrew Postell, I pulled it off the GRM site, which may not have updated ratios: "DSCR loans require borrowers to meet a minimum DSCR threshold, typically around 1.25...." https://www.rate.com/resources/what-are-non-qm-loansI spoke with a loan officer who said it may be lower now to reflect the market, so you may be right, but I am awaiting the approval and don't have the final ratio. 

From what you've shared, it seems you're considering your options for obtaining a mortgage for a new home.

Hello, I was reading the book and was wondering if you can share the link to download the flow chart income/expense. 

Also, can you share where you were from a cash flow perspective? 

The operations and money goes into the LLC bank account for shared responsibilities and expenses. 

Please share any ideas or leads .Thank you#Taxliens #loans #Taxdeeds  

I'd be happy to share my letter of intent we are submitting.

@Brie Schmidt or @Henry Lazerow work quite a bit up in that area and may be able to share their opinion.For some more context are you planning to renovate all the units and make them "condo" quality? 

Connect with local investors, attend networking events, and leverage online platforms like BiggerPockets to learn, share experiences, and collaborate with fellow real estate enthusiasts.Best of luck on your real estate journey!