AndrewDo you still have the 3 socket meter base in stock?

Hey everyone, I'm Milos Andelic, an investor based in Atlanta with a passion for finding and reviving distressed properties.

DSCR stands for Debt Service Coverage Ratio and allows you to qualify based on the subject property's profitability rather than your DTI, income, etc.  

Hey Rahma,Most are sitting at about 7.5% right now with variance based on FICO, region, loan amount, the DSCR itself, and even your experience. 

Hello Taryn,Have you considered securing hard money for short-term use to complete the apartment scope of work and then refinance for a conventional loan either based on "As-Is" (pro forma market rents w/ no tenants in place) or "As-Stabilized" (fully rented) condition whichever the lender will allow?

The sales price minus the cost basis is your capital gains (depreciation recapture is another calculation, but based off of these two numbers).  

Obviously this may vary if you live in a larger city or have different things on your return and based on your preparer.

I would choose an investment focused broker who is Proficient in cost / cash flow analysis models based off of your figures and can provide with a lot of different options.

You can do it as a cashout refinance fix and flip loan based off the ARV or even a 2nd mortgage upto 85% of the current as is value .

I can listen to books and educate myself on whatever I want while at the gym, in the car, etc.I currently have 200+ books in my library and if you'd like any recommendations on a particular area of study, send me a message and I'd be happy to provide you with some.A couple I'd recommend to you based on your post are..Buy, Rehab, Rent, Refinance, Repeat - The BRRRR Rental Property Investment Strategy Made SimpleFLIP - How to Find, Fix, and Sell Houses for ProfitThe Book on Flipping Houses How to Buy, Rehab, and Resell Residential PropertiesThis book is not currently available on Audible but a must readThe Book on Estimating Rehab Costs - J ScottBigger Pockets has become one of my best resources.