Updated over 3 years ago on . Most recent reply
How fast to expand? DSCR or conventional
I am in the process of buying my first short term rental. I am under contract with a closing date in the first week in May. My mid score on Fico 2 is 723. I do have some crappy student debt but I am working on addressing that. My question is would I be crazy to start looking into a second short term rental and get a DSCR loan or should I wait 12 months and do another conventional? I have been studying up on the STR industry for 2 years and I am to the point that I am comfortable making a move but I do not want to be to aggressive and somehow burn myself with that. Any advice for a semi newbie?