Besides, the lender won't do the refi if the new loan drops the debt service ratio (DSCR) below their requirements.For instance you locate a building and during your due diligence you see the potential to increase rents and decrease expenses by making some repairs.

(Although at times I'm somewhat beyond repair :lol:).Thanks so much!

Let's say that you could get a guaranteed $1,000 a month rent on a property (now remember this question is totally hypothetical) and you were magically guaranteed the best renters, no vacancies, no repairs needed, minimum maintenance--in other words your dream come true rental and obviously something you would never plan on happening--ever.

Hi JoshWhenever I go to Forum page and in turn to one of the specific posts in 'My Posts' it prompts for the User ID and Password which is OK.

If you are paying all cash pay 70% of the value minus repairs.

Then prompt it after you load in loan amount and interest for the schedule.

He makes 10 grand in repairs in a month.

If you know anyone locally who does credit repair, they can do what's called a "rapid rescore" with the credit bureaus.

Right now, I focus on wholesaling, credit repair and lease/options.

Renting this thing is going to cost money, vacancy, advertising, maintenance, repairs, paperwork, perhaps property management.