We've never used the DSCR but from what I understand, as long as the amount coming in on a monthly basis is more than enough to cover the monthly payments, that's what the MLO's are looking for.

@Grant Nielsen1.) interview multiple lenders, only those experts in multi-family transactions, and understand their first time buyer offerings.

I have a little understanding. ;-) I understand it well enough to reject it.

But I do understand that explanation for it but I'm definitely not a fan of it going forward.

This typically includes a tax advisor with real estate expertise and an asset protection attorney who understands your specific goals and risk tolerance.

I only have a surface level understanding and am looking at making this my focused strategy. 

Looking to understand which cities in the Carolinas will offer the highest potential cash flow for C-Class Multifamily investments.

Through my business (Brick by Brick Blueprint), I help them:- Understand their numbers- Build a plan- Make confident offers- Actually closeIf you’re working toward your first or next deal — especially if you’re in a high-cost city or trying to do it without family connections or a ton of capital — I’m happy to answer questions, share resources, or just be someone you can bounce ideas off of.Let me know how I can help!

You're on the right path, just be sure to document everything and connect with a real estate CPA who understands STR-specific strategies.This post does not create a CPA-Client relationship.

if this is your first off market purchase, i would make sure you're hiring local professional help - attorney or title company or whatever is the right procedure locallybut let me know if i'm not understanding what you're trying to accomplish