The storm didn’t hit them too hard—dodged a bullet this time!

This determines instantly if a lender will touch it.Another factor: STR financing is getting harder to come by (at least in the DSCR space). 25% of the industry used to lend on STR's, now it's less than 10%.And it being a condo, expect anywhere from 15-25 bps added to the rate.

My heart skipped a beat with excitement when I heard this.

I know this is not typical for a renter though, particular in a relatively lower income area where my class C property is located. 

Do I record this in my 2023 or 2024 taxes? 

Hi all, I am looking at Ogden and wondering whether any local investors can shed some perspective on overall property values to rents in this market.

Purchase price: $1,700,000 In Search of partners or buyers to build this 8 unit complex near Trine University.

I should have gotten more clarity on this since I'm reading it to mean that distributions could have been paid from raising more money than they needed.

Just for some info, we have to do DSCR loans at this point in our life and we will not be selling in the next 5 years.

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