For a long time I worked in the secondary mortgage market which was an exciting place to be.

We have had the same issues with mortgage rates however a few lenders are starting to reduce rates again.All in all, the market is pretty strong.

It looks like our county has a list of 400 tax sale properties and I just did a little bit search on their titles.Now I've seen utility lien, existing mortgages, HOA lien, tax lien(ofc), abatement lien, mechanics lien, list pendens, what not.

DSCR loans enable investors to qualify for a mortgage loan on an investment property without consideration for personal income or “DTI” ratios—making these loans a top option for investors scaling portfolios, especially for single-family rental properties.Qualifying for the best rates and terms for DSCR loans is primarily driven by three factors: leverage, property cash flow, and credit.

This doesn’t mean that an LTV ratio higher than 80% rules out a loan approval, though it does make the approval more difficult.Additionally, the higher the ratio is, the higher the interest rate offered would be and the borrower may be required to purchase private mortgage insurance (PMI).

And I guess if they want to sell but don't need to, those renters are covering the mortgage for sure.

Definitely learn about how to calculate expenses, mortgage payments, NOI, and the total net income of a deal to see a projection of how much passive income you can make on a property. 

(Housing Wire)Today’s Interest Rate: 6.77%(👇 .03% from this time last week, 30-yr mortgage)Interest Rate: CPI, Mortgage Spreads…What to Expect?

I have a chance to buy a house at lower than market value, value about 1.2 I can buy it for 1. how can I benefit from this regarding down payment, or lowering the mortgage or other benefits?

IRS taxes 2 years, w-2 right now because we are before 2023 return due 3 years, paystubs 30 days, mortgage bills, fire insurance and HOA bills, bank statements past 60 days.