Or primarily for sufficient capital for down payment and obtaining a new DSCR or alternative qualifying loan for the target acquisition.Although there are alternative income qualification methods for fixed second loans and HELOC's utilizing bank statements and even DSCR rental income, as the lender risk increases, generally so does the borrower's interest rate.

Without considering insurance, taxes, maintenance, vacancy, or cap-ex you would need to rent the units for ~$3k/month to break even.

And also look in markets where it seems even some of the top performing listings still have ikea furnishings and iphone photos.For example, in the Poconos market, many listings are still marketed poorly like this, and most homes are 3-4 bedrooms. 

Even if I were sued, I document everything and obey the law, so I won't be found guilty.

.)$1,400 could actually be a shortage, in which case next year the payments will be even higher.

Depending on the situation and how much equity they have you may need to pay them moving money or even cash out some of their equity.

New construction in columbus averages $219 per square foot we build sub $160 with garage on single family starter homes.

After 4 years we have made ZERO percent ROI, this has been a half-time extremely stressful job for us, even with a property manager, with constant repairs and bad tenants.

Sale price: $496,900 New Construction Single Family Home finished in earlier 2024.

At least they’re paying even though it’s late.