BRRRR property ----

[Venkata Soma]

Hi All,

I have currently invested in my second property in Milwaukee. I acquired the property in all cash and it is currently being rehabbed(rehab around 45-50K) and it is set to be completed this week. I acquired the property at 70,000$ and it is a 1420 sqft 3bd 1 bath. I am looking to list the property for rent and also looking to get a DSCR loan on the property after I get the appraisal done post rehab(expected ARV is 185K). I will getting loan on my LLC(it is my second property in the area) and I have a credit score of 800+. I am happy to work with lenders in this forum. Looking forward to hearing from you.

[Rebecca Knox]

Hi Venkata--this thread from the other day may be helpful 

3 month cash-out DSCR in WI (biggerpockets.com)

I actually saved it myself for future reference. 

Also, check with Dennis Kahn at Homestead Mortgage.