Most of the phone numbers are incorrect, the person doesn’t match the property, and properties showing as “new” and in pre-foreclosure have already been sold at auction.

Personally I think it depends on the type of investing opportunities you're looking for and where or why we are seeing an increase in market activity.

Actually there is and it's very popular and can be found here https://www.biggerpockets.com/forums/67-rehabbing-...Your question depends on the style of the house and the price point.

It likely depends on the jurisdiction.

Depending on that schedule, the borrower also may face a large lump-sum payment at the end of the loan term.

. - the seller gets the equity and I'm also paying property tax on a higher assessed value (vs. if I bought a distressed house at a much lower price, that I renovated)I'd be cautious buying old homes (e.g. 100 years old) that have been renovated.

We learned that a LOT of people are willing to get rid of their father's or mother's home for a song because they can't come up with the tax money to keep it.I would say we do much the same sort of thing these days but our focus is shifting to finding small multifamily where the landlord just doesn't want to go on with what he has.

Hey Julian, As others mentioned, DSCR loans will be underwritten based off of the appraised value or cost basis (purchase price + documented rehabs) depending on seasoning period when you are looking to refi.

we are building a building just like this in Columbus Ohio except vertical. we added kitchens and all studios and common commercial and mixed it in. multifamily is much easier to finance. we got a similar valuation. we don't have to buy 1 million dollars worth of furniture either. apartment hotels are what some people call them but we are underwriting affordable housing. we copied the hotel development rezoning applications in our market but went for multifamily and I had it underwritten at 15 million and we just had the number one debt placement broker look at it and appraise it for 20 million because they added a tax abatement. hotel development works because of the nightly rate and higher occupancy and no kitchens in every unit.

It really depends on how many sq ft the unit is.