I think with proper education and guidance you’ll excel at a much faster rate and save a lot of money in the long run.

Hello DFW multifamily operators/investors,We are observing an increase in delinquency rates in DFW area, sometimes above 5%, for workforce housing even with strict qualifying criteria.   

I know it may be hard with a wedding upcoming but try to keep your credit cards at or below a 30% utilization rate.

Also, you won’t find a long term rental with a 10% down loan that isn’t going to be cash flow negative with todays rates and property values, especially if you’re not self managing.2) STR will net more but to do a great STR, you need to put the cash into the property to make it a top listing.

Market research is key in selecting the right state, focusing on factors like job growth, population increase, rental rates, and vacancy rates.

There are some clever and legal ways to navigate your way to a lower-than-market-rate rent, but you should speak with a QI or CPA before doing so. 

I have a prospective contractor who scoffed at my 1.5x the rental rate for the SD when it was a 12 month lease and was also concerned about signing a 12 month lease in case their contract ended earlier.

I did find one that would do the deal later but with the interest rate(9%) he was offering it made the deal unattractive.

Rates should be close, origination fees should be close. 

BRRRR folks are not appreciating the higher interest rates as well.