Like finding renters or higher eviction / vacancy rates.

Each class has different tenant pools, appreciation, turnover rates, etc.

What are your rates for these DSCR loans without prepayment penalties? 

❌ Stop dividing the NOI by a cap rate to find the value of a deal.When I come across a potential deal, that's the last thing I do.

(IMO) Loans with non-fixed rates--those things should be outlawed.Just my 2 cents.

Not only that, but an all debt deal is just a terrible idea for a first timer as it won’t cash flow with today’s rates and the first unexpected expense slams you into begging mode.Save, save, save.  

Now interest rates are 6-7, so if I will be buying a smaller house it will  be more expensive

Flipping might be difficult with 7% interest rates now, less of a buyer pool.

In a number crunch of 300 cities using 10 metrics ranging from home prices to tax rates to vacancy levels, WalletHub determined that Montgomery, Alabama, was the nation’s most affordable city for homebuyers.

Hey Darren,That's a one time 8% up-front fee, period (i.e. no additional costs, ever), and the loan rates and terms will be established by each lender (which are not established at this point).