What I learned today...
As I'm researching and reading and google searching and listening... I'm learning.
I just wanted to use this space to note things I learn as I learn them. I have absorb so much in the past month. Not looking for a lot of commentary but maybe you learned something useful today also..
(DSCR) - "Typically, most commercial banks require the ratio of 1.15–1.35 times (net operating income or NOI / annual debt service) to ensure cash flow sufficient to cover loan payments is available on an ongoing basis." Wikipedia
DSCR = Net Operating Income / Total Debt Service
Simple example: NOI 100,000 / TDS 65,000 = 1.5%