At the rate that homes are appreciating it seems waiting to invest while we save is going up much faster than the rate we are able to save.Future goals are the equivalent of $80-$90k per year to live off of.

While it is cheap money (interest rate is typically set at prime + 1%) the loan must be paid back using amortized payment over a period of 5 years.

The two main motivations buyer’s opt for a sub to purchase is (1) little capital investment (2) lower interest rate than currently available.I’ve worked numerous sub to deals from all sides - but mostly on commercial property.  

It's a significant rating factor.  

Here's a bit more in detail about how rates are calculated for DSCR loans:1.

Re-sells are having a hard time competing bc Hortons Lender is offering much lower interest rates plus $$$ toward upgrades/buydowns/closing costs.Anyways just thought I'd share what is going on in my market!

Welcome Brandon - I have properties here in the wyoming valley.I am a native to the area.Scranton has many hoops to jump as an investor - esp. an out of the area investor.One is you'd have to hire a property manager if you do not live in the city of Scranton or within 20 miles of the city.Real estate taxes are high -that plus the current interest rate and ask prices makes cash flow an issue.You can find "deals" but please do your due diligence.Here is an example of a potential deal I am evaluating in the hill section of the city: 20 y/o, 2000 sq ft. 3b/3bath TH - Needs paint, new carpeting, and general wear and tear repairs after a 4 year tenant.

I think one of the tricks is rental rates are fairly low compared to sales prices. 

Using this tax free bucket, you can borrow against it at very low rates to pay off your student loans.  

At current rates it’s hard to buy something that cash flows but you may be able to get something in a well sought after market or area that will possibly have some future upside.