We are typically quoting between 6.5% to 7.5% on DSCR loans, however, with the property being a condo that can change pricing. 

Is this 6 weeks on the market, or they have been working on the turn around getting it make ready for 6 weeks with no feedback? 

At this point in your life I'd advise putting all of your focus into finishing your degree, assuming you won't get drafted and can make millions playing ball.While you're doing that I'd advise building good personal finance habits.

Kansas City has a great need for affordable housing on the buy or rent side.

Hi Sherry, Congrats on the new purchase.

But that's going to take you ~10 years to hit the $5k/mo goal unless you can improve your investment capital base.So those are the extremes of the spectrum.

I've got to recommend you seek a local broker who can shop the market for you and is also interested/willing to learn an investors needs.In Illinois, I like Steadily for 4 units and under, Honeycomb can go do more units as its a commercial policy form.

Check out the map on our website where we’ve made this all easy to follow.We can also share numerous examples of properties & portfolios we’ve assisted investors with!

Please feel free to message me with specifics and I can tell you my opinion on value, though please understand that it is not a formal appraisal and I will not be representing you in the transaction. 

View report*This link comes directly from our calculators, based on information input by the member who posted.