Debt Service Coverage Ratio (DSCR) loans are a type of commercial real estate loan where the lender evaluates the borrower's ability to repay the loan based on the property's income generated.

Are both taken out of the gross rental income before all of the other operating expenses or after you deduct the operating expenses?

This tax provision allows homeowners to rent out their space for up to 14 days per year without reporting the income or paying taxes on it!

I have no income as a student, but have money for a down payment.

I do understand I went from the top tier tenant that will pay the most for the perfect setup down to the unit that can be paid for with section 8 and will attract a lessor tenant or someone single / new young family / retired / disabled / fixed income etc.Here's the deal figures With closing paid , seller counters 10k above my offer, 6% VA loan, no points Does the property lacking those features make it a deal breaker ?

Rental income and demand are great, and you should be able to find something close to your price range.

You can do a no income no doc DSCR loan 30 year fixed cashout upto 80% .

Hi I'm new to this and looking to start my journey towards financial freedom, I'm looking into purchasing a multi family rental unit to start earning passive income.

Trying to make some passive income and open to suggestions 

Both of us have corporate jobs with decent salaries, so we are saving about half of our income every month after all fixed and variable expenses and we have no plans to move in the foreseeable future.