All Forum Posts by: Ash Hegde

You came to the right place! There are many on here who can help you with DSCR loans. Traditional banks tend to not have this product.

Welcome to the forums!

A recent college grad can use college transcripts in lieu of full time employment history. If you've been working for 6 months already you should be able to use pay stubs from the new job to qualify. 

The 50% rule gives an estimate of operating expenses (does not include the principal and interest portion of a mortgage payment). It estimates that operating costs (property tax, insurance, maintenance/repairs, utilities) are 50% of rents. If your rent is $1000, you'd be left with $500 for principal, interest, and whatever is left is cash flow.

It's a screening tool like the 1% rule. Both are harder to meet right now because of home prices and interest rates. 

Welcome Paul, this is a great place to network and talk real estate. 

Welcome to the forums!

A good agent is going to be your best bet. The seller is likely using an agent for anything you would find on those sites so you are not saving anything by not using your own. 

You can get it on both. The cost segregation is assigning value to items at the time of purchase and the replacement appliances will be new additions in the year that also qualify for bonus depreciation. 

@Arif Dede we can do an investment loan through an LLC in those states, I'll send you a message.

Yep, commission based. There's an administrative side to lending that might be salary, like underwriting. Banks may also have positions that include mortgages but also other responsibilities and provide salary.