Guides for Real Estate Investors

Plain-English explanations of the rules behind our tools, written for Massachusetts and Rhode Island deals.

• DSCR Loans for 2–4 Unit Properties in Massachusetts and Rhode IslandHow DSCR loans work on 2–4 family rentals in MA and RI: the ratio lenders use, typical down payments and credit scores, and a worked example.
• The FHA Self-Sufficiency Test for 3–4 Unit HomesHow the FHA self-sufficiency test works for 3- and 4-unit homes, the 75% rent rule, and a worked pass-and-fail example for a Massachusetts triple-decker.
• Massachusetts Deed Excise vs. Rhode Island Conveyance TaxCurrent Massachusetts deed excise and Rhode Island conveyance tax rates, who pays, the RI tier above $824,000, and side-by-side examples.
• The 70% Rule for Fix-and-Flips, and When It BreaksHow the 70% rule sets a maximum offer on a fix-and-flip, a worked example, and why higher-priced Massachusetts and Rhode Island markets need a full underwrite.
• How Construction Draw Schedules WorkHow rehab and construction lenders release funds in draws, what an inspection and retainage are, and how interest on drawn funds lowers your carrying cost.