I would certainly ask about what your future LTV would be on a cash out loan to determine how much cash you would potentially be able to get...your property would need to increase in value considerably if you only put 3.5% down when you purchased it.

Do you happen to have bills with one unit empty (so that you could potentially look at usage of just one unit)? 

I've developed an aim for single-family homes within the $75k-$95k price range, and exploring the potential for Section 8. 

DSCR loans primarily evaluate the property's income-generating potential rather than relying solely on your personal income verification. 

I saw the potential in the deal and knew that if stabilized correctly, it could become one of the best properties in my portfolio.I purchased this property for $200,000.

Looks like a solid property in a decent area - I would think that at first glance (just guessing) is that the 3 bedroom 1 bath is the problem - thats potentially a lot of people sharing just one bathroom - renters for 3BR homes are probably going to always go with more bathroom options

You also have another option of potentially a cash out refi on the condo depending on how the cash flow looks.

They represent 100% of the revenue potential as well as the loss of lease upon move outs. 

My journey is a testament to my resilience, adaptability, and dedication to this business.What I'm Looking For:An equity partner who sees the potential in Atlanta's real estate market for short-term flips and is interested in a collaboration where my sweat equity complements your financial investment.

Hi all,I've been reading about the Passive Activity rules that prevent passive losses (eg Depreciation) from being offset against ordinary income.