Skill: Underwriting Essentials
Mobile Home Parks In Real Life (MHP_IRL)
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How to Score a Chapter 7 Debt Coverage Ratio
If the debt has a poor chapter seven debt coverage ratio, you may struggle to find a tract ove debt. Some of my deals have surpassed a d c r of two by the end of year one with an in place belo one. Luckily, in miles's case, he scored seller cary. If the seller didn't offer that, or miles didn't have the cash to take this deal down on his own, lending may prohibit him from buying this property.
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