I’ve been actively making offers on duplexes for the past several months because I want to get started in real estate now.

We pride ourselves in keeping the forums positive, helpful, and focused on real estate (please, no politics, religion, etc.).

Can use some help here, as this is the first time we are super nervous.

If someone truly believe that the 17% is real and they could borrow money at a smaller interest rate, using the fungible nature of money, the person would take a loan to get into that deal, but a feel most people would not risk there primary residence on a deal like that. 

The few lenders that we spoke with are having a hard time finding a DSCR loan as mentioned by many of you in the discussion. 

I have turned down a few apartment scenarios because I am not educated in the commercial arena at the time.

Regulation has slowed the market and made it harder to be an operator.I've never operated my Airbnb to its maximum efficiency because of the time it takes. 

Hi,In my old rental property I am not sure when roof replaced last time.

I've seen several other lenders reply in this chain, including myself, who could all provide you with rough term scenarios, but first I'd talk with your current broker and lender to see where the real issues stemmed from.

It's a tough market right now, this thread is to encourage those who might be going through a rough time in their business.