Hello - I work in and around the Philadelphia market and want to see if Bigger Pockets can help provide information and access to other, like-minded folks.  Always willing to have a chat to learn new ways of navigatin...

I'm an engineer by trade, very analytical and numerically driven - I believe the math and calculations of REI investments may be the most important aspect before pulling the trigger on an investment, but understand there are many more factors to consider as well, such as population growth, jobs, crime, etc. 

.: I’m at a bit of a crossroads and would appreciate some honest feedback.I bought my first rental in 2020 and a second in 2023 — both were decent investments, though I’ll admit there was some luck involved.

But, long before I got involved with lending, I learned to appreciate HML lender's feedback on property submissions.

Do that math for returns, yeah, it seems mythical but I assure you it IS real-world and I have a number of clients actively doing now today and for past several years. it's the answer to how we turn $1m into $7m with least risk exposure and highest certainty. 

The following numbers have been rounded to make math a little easier hopefully:Loan 1 (FHA) balance: $210,000Loan 2 (HELOC) balance: $50,000Property is conservatively worth $360,000Rent would conservatively bring $2100/monthMy question:Would it be possible to get a DSCR refinance loan to pay off the two existing loans?

When a borrower stops paying, our legal team is engaged immediately (we send demand after borrower falls 3 months behind). This isn’t about being aggressive—it’s about protecting our investors and keeping the process ...

Holding costs matter, process matters, but the asset and what you can get it for is what makes you money in the end, especially since you should know the reno costs.You don't buy single-family houses with math, that's for commercial properties and large-scale.

It's really just a math problem.

So you can do the math backwards: if you want X in annual cash flow, you'll need 15x as much in equity.