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Updated 4 months ago,
Has anyone used a DSCR Loan, what are your experiences with loan product?
I finally want to dive into put my training wheels to the test, I'm looking into investing in Ohio, and would like to know has anyone used a DSCR loan? I initially wanted to do a BRRR but since I'm not the from the area, real estate agents are telling me I should maybe start out with a turnkey to get my foot in the door? Can I please have the BP community thoughts on this?
Is DSCR loan worth it or does it depend on my strategy. I hate that my money would be stuck in the property though. hoping to get some insight.