In an effort to say thank you to the three mentors that helped me get started in investing, this year (2021), I have been producing two video series; One contains content on how to invest in multifamily properties and the second series highlights the crazy things I have seen, heard and experienced during my sales/investment career. 

You can look into DSCR lenders that can lend to you based on the property and its ability to produce income vs conventional financing which as you know is more so based on you and your ability to cover the mortgage.

If it is a rental property producing rental income, would the Trustee and Beneficiary receive K-1s?

If you buy with all cash, then you have $500k sitting in a house that produces 6% return ($2,500*12 / $500,000) which does not account for any deductions for vacancy, maintenance etc. 

You want to have positive NOI.Cap RateA real estate property's "cap" – or capitalization – rate, is used to calculate the value of income producing properties.

These loans will typically have a slightly higher interest rate but also will not be taking into consideration the number of loans you have or your DTI ratio as they are asset based and more looking at the property at hand to make sure that it will produce enough income to cover the mortgage and possibly expenses as well. 

For me, let’s say I make $50/hour at my W2, this is my main source of income and wealth generation, but my properties earn me an average of $20/hour based on hours that I put in.In this example, I’ll outsource the property Mgmt to a company, so i can focus my time on producing more income at my W2 and addl hours spent finding new deals or spending time on things I love.I am constantly thinking “leverage” as that helps maximize my efficiency rate.

This implies not only will the higher LTV produces a higher return, but it is also extremely likely that the San Diego purchase will have a higher long term appreciation rate. 

. = -$200/mo• Rental income (conservative) = $3400Total income = -$200 (by these very conservative numbers) to +$400 with a more optimistic estimate.Summary: While the property may not be an income producing machine, I’m eliminating my monthly rent and putting equity into a home while breaking even or cash flowing.

Hey Robert, You're a wise young man to start early in real estate and invest your future high salary into income-producing assets!