Chasing Financial Freedom

Chasing Financial Freedom Have you ever dreamed of being able to make more money, live a better life, and have the financial f

12/08/2025

Going into a deal, know the DSCR ratio. Some lenders dip below 1.0, but at 1.0, you're only covering the mortgage. Below 1.0? It's out of pocket. How long can you sustain a loss before profitability? It is painful.

12/06/2025

The 1007 form estimates rent for single-family homes. Lenders use it to calculate potential monthly rental income. Some use the 1007 or current rent (whichever is less) in their DSCR calculation, so be aware of potential differences.

12/05/2025

The appraisal is in—but the rental income is $400 lower than expected, sinking your DSCR ratio. Is the deal dead? Not necessarily! Let's explore how to navigate a low appraisal and still close the deal.

12/04/2025

Here's a quick guide to the reconsideration of value (ROV) process. You can provide rental comps, a lease agreement showing rents, and highlight unique property features that command higher rent. Also, question comps adjusted by more than 10%—they might be weak or indicate laziness.

12/03/2025

Buying a house and hoping for the best? Slow down, friend! Ensure that DSCR ratio is SOLID, or you could find yourself bleeding money every month. Don't throw good money after bad! Questions? Let me know in the comments!

12/02/2025

Discover what can happen when deals go south in the DSCR loan world. One multifamily purchase without an inspection led to a $50,000 loss. Learn from this real-world example.

12/01/2025

A mortgage broker suggested interest-only loans for investors struggling with coverage ratios. This is insane! You're not paying down principal and accepting monthly losses. After 5-7 years, you're stuck. Aim for a 1.25 ratio or higher. Know your numbers!

11/27/2025

Imagine watching $50,000 vanish on a bad DSCR deal? We'll dissect costly mistakes, share real horror stories, and guide you towards smarter decisions. Learn how to protect your portfolio and know when to choose a DSCR loan.

11/25/2025

Hard money loans aren't for every investment. They're best for distressed properties and quick turnarounds. Don't use them otherwise! Always have multiple exit strategies—renting or refinancing—so you don't end up in deep water.

11/21/2025

Confused about hard money loans and DSCR loans? Hard money offers quick bridge financing (6-12 months, interest-only) from private lenders, ideal for fast deals or properties needing major work. DSCR loans are for rent-ready properties only. Choose wisely!

11/20/2025

A 1.0 DSCR coverage ratio? It's garbage. If it's empty and hitting 1.0, run. If you can't rent that property for that amount or more, you lose money. Know your loans, plan exits, and research before signing. You're responsible!

11/19/2025

Seeing too many investors over-leveraging, especially in BRRRR or fix-and-flip projects. Lenders are often to blame. Remember the fudge factor: Add 30% for budget overruns. Always have multiple exit strategies!

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109 East 17th Street Suite 4456
Cheyenne, WY
82001

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