The loan approval is based on the property’s rental income covering the mortgage—making it easier for investors without traditional income streams to qualify.LLC Protection: Many DSCR lenders allow you to hold the property in an LLC.

If you know what you're doing it can be a good way to acquire discounted properties.

In this particular property the GFCIs were on the circuit breakers which is acceptable by code.

Remember you don't have to own a property to control it.

Good afternoon, I just closed on a multi-family property (4 plex in an older home) . 3 units are rented, 1 is vacant and there is a shared common area for laundry.

*Tenant occupied properties usually have below market rent, often VERY below market.

Not a lot of people know this, but two veterans can actually merge their VA entitlements and purchase up to a 6 unit with a 0 down VA loan which is cool. 

The property will be available to view early next week (after the holiday weekend) for estimates for the job.If you know of any solid, reliable general contractors who work on rental investment properties . . . your recommendation would be greatly appreciated!

Too many investors focus their attention on how to get creative with their purchases and ignore the fundamentals of the actual real estate and the basis in which they are acquiring property.

Obviously some property types and locations are doing better than others.