I thought owner occupied loans are supposed be lower interest rates then non-owner occupied loans or DSCR loans also, I asked the lender if she could adjust the purchase price to $750,000 to see if that would lower the interest rate and the interest rate actually went up to 8.625% and pay 0.353 points I'm thinking I should find a mortgage broker that can quote me with multiple lenders to shop the rate and loan costs instead of a direct lender Thank you for the help!

A bank, or credit union, or anyone issuing a mortgage, can earn 5% interest from treasury bonds, or a money market account.

For the record, I get $1600/month for the property.If your market rents are lower than the actual rents, underwriting will use 110% of the market rent values to give you some "extra credit" for your DSCR. $1430 isn't $1600, but it's better than $1300. 

I wanted to consider trying this method and wanted to know this:If I borrow money from a lender, go in on a deal with renovations, how can I know if my Refi 6months to a year later will be enough to cover what was borrowed?

However, there is a tax deferral strategy that could accelerate your depreciation, keeping more money in your pocket today, known as cost segregation.A Cost Segregation study is an IRS approved federal income tax tool that increases near term cash flow by utilizing shorter recovery periods for depreciation to accelerate return on investment.

If you pick your JV correctly you can make a lot of money.

Hi, I am loooking for suggestions for finding hard money lenders in Arkansas or surrounding areas. 

The window must have a net clear openable area of 5.7 square feet (5.0 square feet if ground floor), a minimum openable height of 24 inches, a minimum openable width of 20 inches, and the bottom of the opening must be within 44 inches of the floor.Size: The room must be at least 70 square feet, and no less than 7 feet in any horizontal dimension.Lighting & Ventilation: A natural light source (window) of not less than 8% of the floor area and natural ventilation (openable window/door) of at least 4% of the floor area are required.Heating: The bedroom must have heating capable of maintaining a minimum room temperature of 68°F.Smoke Detector: A smoke detector is required in each sleeping room.While a closet is expected in most bedrooms, the International Residential Code does not actually require a bedroom to have a closet.

actual coc is 15%. 6% is the spread when i use linenof credit but will pay it off in a year. 

Has anyone worked with a lender who has actually closed an FHA, VA or Conventional Energy Efficient Mortgage?