Bought first fixer upper with HML, considering refinancing with DSCR loan

[Tim Braun]

Hello all, I just closed on my first fixer upper single family home last week and am planning exit strategy B. Strategy A has been to sell this house when its finished then invest in a rental in a "better" location - ideally a duplex if I can find the right one. But I also wanted to consider keeping this home as a rental as it could work both ways.

I purchased this home with hard money through my LLC, and I'm thinking a DSCR loan might be a good option if I am going to refinance out of the HML. I can go into details about the flip if anyone is interested in that since I am pretty new, but I'm also trying to figure out how I go about finding a good broker for the DSCR loan so I can assess all options. What is the best way to go about doing that? From what I have gathered through posts, it sounds like using a broker might be a good idea for where I am at right now. Any tips, tricks?