📅 Coming Up This Week• Producer Price Index (Wednesday)• Consumer Price Index + Jobless Claims (Thursday)Rates are already moving!

Even small amount o& appreciation can produce good retun(at 90% LTV, 2% appreciation provides a 20% return brim the appreciation).  

Plus most are produced in China and I am Thinking that market May close for the U.S.Rent for $65 per month.  

That’s why properties with low prices usually produce higher initial cash flow.

Here’s where I’m at now:I’ve started contacting DSCR lenders to see if they’ll work with a 72-year-old borrower who has only Social Security income (~$1,200/month) but owns a debt-free rental producing $1,750/month on a $260K property.Early feedback is mixed: some say age/income makes it tough, others say the strength of the property could carry the deal.If anyone here has actually gone through a DSCR refi in a retiree parent’s name (with the kids managing the deal), I’d really like to hear how it played out.If that doesn’t pan out, I’ll be back to weighing the $1,400/year property tax hike against pulling out $175K in equity now to expand the portfolio.Thanks again to everyone who chimed in.

Also part of the decision:   I am also considering turning the garage on my house where I live now into an ABB, which would be far less risk and produce similar cashflow, if not more.

I thought you might want to stay out of trouble.

If you want to do partial ownership of a property, first you need a local attorney's advice, second you need a psychiatric evaluation :-), third you need to be prepared for trouble. 

Hi,I had to get biohazard cleaning done at my house because of something that happened to my tenant and I’m having trouble getting an itemized invoice from the biohazard company for the work done.

This is simply a persons ability to produce spendable $.