DSCR loans are great products for those who need them, and we originate them everyday.

The original investment was a bond?

Originally posted by Account Closed:Robert Lindsley That's the exact issue.

@Chris Kay finding a quality, cost-effective contractor is extremely difficult:(There are thousands of contractors that are great talkers, but rarely perform within budget.Standard bait & switch is to lowball a bid, then once they get started all sorts of things "pop up" that somehow their bid didn't cover.

Purchase price: $565,000 Cash invested: $125,000 Listed Price: $585K (originally $585K, 30 days on market).

@Henry Clark @Jay Hinrichs This post was never meant to be about me as a Coach...notice my original post.

HUD performed extensive due diligence on us, and had to approve us as buyer's and our management company and mangers.

Closing costs typically range from 2 to 5 percent of the total loan amount, and they include fees for the appraisal, title insurance and origination and underwriting of the loan.”When it comes to closing costs, a trusted lender can guide you through specifics and answer any questions you may have.

You have to properly vet and perform thorough due diligence (which I didn't do a couple years ago when I first jumped in).

Purchase price: $715,000 Cash invested: $297,000 Current Price: $830,000 (originally $950,000 on 4/13/2024, reduced by $120,000 in 6 months).