Purchased First Rental Property

[Doug Bontrager]

Hello All - I'm new to the rental real estate market. I've successfully done a few flips but am wanting to rent out my recent purchase. Getting close to finishing remodel work but not sure how to proceed with the rental process. The flips are a simple list & sell strategy. A little discouraged and tempted to just sell this one as well but really wanting to build a rental portfolio. Any comment or encouragement would be appreciated. Thanks! 

[River Sava]

Hey Doug -

Congrats on your flips. As you jump into rentals, have you thought about the refi side yet? DSCR loans could be a good option if you want to continue to grow your rental portfolio. Also, connecting with local realtors or property managers could help you get a feel for market rents and tenant management. Happy to connect with you!

Also, check out this BP article: https://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...