@Yael FuerstIf this is your first DSCR I would say yes - even if it’s cookie cutter - it’s good to ask an attorney to review and understand what you are signingAre their covenants, is it guaranteed, your attorney can review and explain all the what ifs which I highly recommend

Let me know if need more.Location: Secaucus NJ2 bed 2 bath with balcony on high floor. 1396 sf.Paid $284k with 20% down and approximately $13k in closing, including 2 months maintenance fees $1470 total, and mortgage broker fees approx $3k.

The gradual recovery of international travel and tourism could provide additional upside for the market, particularly for upper-tier properties.However, potential headwinds include:"- Flat population growth, which may limit organic demand increases- Economic uncertainties that could impact both business and leisure travelOverall, the Los Angeles hospitality market appears well-positioned for sustained performance improvement over the next several years, with upper-tier properties likely to see the strongest gains in ADR and RevPAR.Full Market Report: https://d2saw6je89goi1.cloudfront.net/uploads/digital_asset/...Contact me for a complimentary market valuation analysis report for your hospitality property today.

@Pat QuarantoTo sell a property, assess its value, negotiate a fair price, and secure a legal deal.

I thought my property would increase in value more than that; especially if an investor were to buy it. 

There are lots of scenarios where you can lose money at a foreclosure auction - usually because the sale price plus rehab and future sale costs are driven above the after repair value.

Multi-Family properties are highly sought after in Memphis so they go fast. 

Additionally, the property was extremely affordable for our area, making it a low-risk investment with a high potential for a good return.

Assuming you don't want to create additional management work for yourself, it's possible that higher value properties may give you the advantage of the higher capital outlay without additional work.

I focus on Columbus, Ohio, which has been booming with tech giants like Intel, Meta, Amazon, and Google moving in, boosting property values and job opportunities.