My rental property friends are on Hemlane and they have one of the most robust and innovative property management platforms.

The first position will continue through foreclosure in order to remove the other liens, apply the safe harbor for the hoa and mitigate their losses.So data wise concentrating in disqualifying characteristics will allow you to assign the investment strategy to each scenario.Its definitely a fun challenge but very time consuming in my opinion real-estate is in desperate need for innovation.

We'd like to put a portion of this down on a second, better house for us and rent our current place or buy a second home / duplex  to rent out.We would be cash positive on our current place by a very healthy margin if rented even with the cash out refi factored in.We have the opportunity to buy a duplex right now that in our conservative estimation would also be a cash positive situation if we can get the financing right.  5% down, 30 yr note would produce around $900 cash flow with conservative estimates on what each side would rent for.The problem I've run into is the first couple of lenders I've tried are saying 25% down and no more than 15 yr note which kills the deal for us. 

DSCR will look at the income the asset is producing rather than your income. 

@Dan Fine I just went through clearing a Make Safe Violation on a property I had purchased in Nov 2019.

I’ve made the move from doing deals for pure income, to a mix of income producing plus cash flow, and towards the end of 2019 I was considering how to start to mix in some wealth building activities.

Which I think the other member would not like because the valuation will more than double and at this point none of us can quickly produce the liquid cash for that

They are also just an interesting and innovative company to learn from too.Hope that's helpful.

I can do research, telemarket, produce and send yellow letters, basic bookkeeping, or whatever. 

@Alecia Loveless I don’t put much weight on sales comps when looking at MF. 2 exact buildings can be side by side and be worth two totally different prices based on the income it produces.