I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).

Property Taxes & IncentivesHow do property taxes vary by neighborhood?

However, expenses will continue to grow, generally at a rate higher than rents.

Continuing with house hacking means you do have to jump into something that could be higher in price and affect your monthly budget, but as soon as you leave the current duplex, the following year you are able to take better advantage of some tax strategies and more.Just comes down to what your goals are - my wife and I have been house hacking for 6 years, and we will continue to do so for another 6 years (usually 2 years per house hack).

The payout varies from one month of current tenant rent up to 3 times market rent depending on the jurisdiction.  

From what I’ve learned so far, these areas may offer more consistent rental demand due to tenant turnover and steady population inflow, such as incoming students each year or growing job markets.I have a solid base of savings to invest and am continuing to build capital while I refine my plan.

. - Open ended loan- Interest rate can change (several brokerages offering 5% and lower right now)- Amount varies depending on how much you have invested - Interest rate also varies with how much you have invested and changes with marker rates-Margin interest is tax deductible Why would I take a hard money loan when I can use margin?

I've had 30-60 percent differences in appraisals based on different banks. appraisers work for the banks even if they are subbed/contracred they "talk" and know what loans should hit and they can vary based on if a bank truly wants to do the loan or not, they can also vary due to lack of experience or knowledge, a lot of times if something is too far out out of an appraiser's wheelhouse, they can very greatly. and the more specialized something is the more expensive it is to have an appraisal done. for example, I had a project where somebody that was highly specialized in doing what I was doing was $15,000 for the appraisal but then somebody that could do It was $4000 and there was a lot of appraisers that were around that in the pool that the bank sends a request for appraisal to, my banker told me and he chose the $4000 guy then I had a private one done for 11,000 and the difference was $600,000 on a $1.2 million project. find somebody that specializes in it, and that is very confident in it, get it done and then turn that into a bank, even though they will still use their own Appraiser sometimes bankers will give you options of using a more specialized firm that still report reports to them. but in today's day and age for the lower and appraise project comes back the less they give you the less they're on the hook for and they're being more conservative in these days with these rates. just like buying a used car.

@Christopher JonesWholesaling is a good option for getting started, but can really vary per state you are doing it in.For example, if you're in Oklahoma - it is almost more beneficial to ensure you are licensed because of all the predatory wholesaling protection laws.

I suspect I have not visited the site in 6 months and may not continue my subscription.