I’ve been lurking on the CREOnline forums for a while, absorbing all the incredible wisdom here, and I’m finally getting ready to take the plunge on my first rental property. I’m currently looking at a small duplex as a potential house-hack.
Given where interest rates and property values are sitting, the cash flow math is looking a bit tight. I’d love to get some advice from the veterans here:
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What is your absolute go-to metric when analyzing a deal today? Are you strictly sticking to cash-on-cash return, or are you prioritizing debt service coverage ratio (DSCR) to secure financing?
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What percentages are you realistically budgeting for capex and maintenance buffers in your spreadsheets right now?
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Any tips on pitching seller financing to a listing agent who might not be familiar with creative deal structures?