In case helpful, here's more info on DSCR loans:DSCR loans won't use your income to underwrite the loan.DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.Here's a bit more in detail about how rates are calculated for DSCR loans:1.

Hello Everyone - I am wondering what everyone knows or thinks about rental market in Reno Nevada - near Truckee River and downtown Reno. 

Obviously, this would require some market research on your end, but possibly a more profitable investment opportunity. 

I see mobile homes, and steel garages, and large steel girder buildings, but nothing that is something i can put together and finish myself, with floor joists like this one https://www.alibaba.com/produc... 

The steps, licensing, regulations and everything are much much higher on option 1, however obviously would add a larger target market

I feel in this market it is difficult to get outsized returns (S&P seems very hot and might be hard to sustain 7%+ returns in long term.. but even if so, I’m risk adverse so would probably keep it my HYSA)I did run the numbers if I were to prepay $60,000 now and it appears the IRRs are lower (because of the higher cost basis).

DSCR loans won't use your income to underwrite the loan.DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.Here's a bit more in detail about how rates are calculated for DSCR loans:1.

Multiple exit strategy possibilities:a) Traditional rental at current market rate of $1500.

It seems safe to assume there's a market, but obviously we'll need some more research to confirm that. 

My plan if i get the properties will be to Buy, slightly increase rents (as they are currently 200 behind market,) as tenants move out, renovate the properties with my BRRRR team in between ongoing Single family homes.