Tom Bono (@TomInvests) header
Tom Bono (@TomInvests) profile picture

Crypto and Real Estate Investor | Building Bono Capital Group | #Bitcoin Advocate | @LizandTomInvest

Somewhere along I-85
Joined May 2018
Photo by Tom Bono (@TomInvests)Photo by Tom Bono (@TomInvests)Photo by Tom Bono (@TomInvests)Photo by Tom Bono (@TomInvests)Photo by Tom Bono (@TomInvests)Photo by Tom Bono (@TomInvests)Photo by Tom Bono (@TomInvests)Photo by Tom Bono (@TomInvests)Photo by Tom Bono (@TomInvests)Photo by Tom Bono (@TomInvests)
Six years at EY analyzing mortgage-backed securities taught me how real estate looks on paper. Buying my first Long Island condo in 2018 taught me how it works in real life. I left EY in 2020. Today: 7 properties, 9 units. I’m back to help W2 employees buy their first rental.
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A deal can show 1.30x DSCR today and still be unfinanceable tomorrow. With an interest-only loan, underwrite DSCR twice: during IO and after amortization begins. The second number decides how much reserve the deal actually needs. Interest-only is runway, not income.
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