A full month rent to place a tenant and 10% each month to accept a payment?

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.

What I would encourage you to do is to compare how much cash you currently have invested out of pocket in the deal and also calculate what the cash flow is for that property.Cash flow is the income (rent) minus all expenses: mortgage payment (including principal, interest, taxes and insurance), average maintenance costs, capital expenses (new roof, hvac, water heater.

Minimum down payment ranges from 15-25% depending on the lender. 

Never hold a house that has no payment attached to it.

With a lower down payment, you may still find properties that cash flow well.

You’re already at $360k with Reno and lost rent, $6,000 in mortgage payments plus a thousand in taxes/insurance, another thousand for utilities.

You can mail your form with payment enclosed to: City of Sacramento, Revenue Division, 915 on I Street.Zero reporting may be submitted via email.Sacramento County STR PermitIf your property falls under the county limits instead of the city, then you need to register for an STR permit here: https://sacramento-ca-str.deckard.com/In order to qualify for a county STR permit, you will need to prove that the property is your primary residence.

That is a very simplistic summary, but this is the method discussed in our seminar.

I totally agree there are always methods that work in the current market regardless of the kind of market it is and I have personally been very curious about MHPs.