(specifically long-term, non-vacation rentals) Would love to hear a discussion on this!

A few smaller private lenders may offer 2nd lien products, but they will be under very specific criteria and with a combined loan to value usually below 75%."

The down side is that they typically have higher interest rates due to the higher risk associated with investment and commercial properties and are property specific.

Because it's the profit's from the reno, not the entire reno budget, that has to be 30%.

The formula for calculating DSCR is straightforward:DSCR=NetOperatingIncome(NOI)/TotalDebtServiceNet Operating Income (NOI) represents the property's income after operating expenses.Total Debt Service includes all debt obligations, such as loan payments, property taxes, and insurance.A DSCR ratio above 1 indicates that the property's income is sufficient to cover its debt obligations, while a ratio below 1 suggests insufficient cash flow to cover debt payments.Lenders usually have specific DSCR requirements, with higher ratios indicating lower risk for the lender.

I live on the east coast and hope to buy an investment property in the SLC-Provo area, specifically the Draper and Lehi areas.

If there's anything specific you're looking to learn or discuss, don't hesitate to reach out.

Here is the specific section: "Within (insert number) days after the Effective Date of this contract, Seller shall deliver the Notice to Buyer.

I have been speaking a lot with PMLs, specifically the one's that offer 100% financing LTV and LTCMy concern is that they keep asking me for a loan origination cost, which seems like a scam to meFor instance, one offered 100% financing and then once I completed the application, she asked for about $3500 for the loan origination fee.

I know it is difficult to ask specific questions when you are trying to figure out where to start, but tough to give advice about securities regulations on a public forum especially when the questions are open ended.