Hi Carlo,As mentioned DSCR loans vary widely based off of numerous factors, credit, LTV, Prepay type, DSCR Ratio, just to name a few.However, I am seeing rates as low as 6.625% now on DSCR products in a perfect scenario.In scenarios with low credit scores, high LTV's and short prepays we can easily be in the 9's.When looking for a DSCR loan to fit your needs, I recommend getting in touch with someone who knows what they are doing to pencil the loan in your best interest.Glad to connect and get into more detail!

Would the best bet be for me to just park a chunk of that money in a high yield savings account until tax time?

In New Hampshire, where I am, we run into the same situations with older converted SFH to 2,3,and4 unit buildings.

I currently manage a highly successful short-term rental arbitrage in Houston, boasting over 170 reservations in the last three years.

I read that some were buying the rights of people who are owed money from Lehman Brothers at 100% on the dollar because they think more is actually going to be returned with the UKs required interest, if there is money left over after they pay all their debts.

Would it make sense to save up money to buy something cash, finance, wait for market to cool down, etc.

He'll need to set the heads, run the lines, hook up the lines, ensure a vacuum, pressure test, and release refrigerant, perhaps even adding some.The contractor knows he's not making a ton of money, and even though his margins aren't there because you're supplying the units, he needs to factor in you calling him and expecting warranty service if something runs afoul.

Hi Everyone, I'm eager to learn from experienced professionals in the Hard Money Lending space.

Hey @Matthew Short, head on over to https://turno.com/You should be able to find a bunch of folks who can clean.

Purchase price: $290,000 Cash invested: $45,000 Short Term Rental (Airbnb) What made you interested in investing in this type of deal?