All Forum Posts by: Tony Jones

Hi Brittany,

I appreciate your recommendation on DSCR loan. It's new to me so I will educate myself on DSCR. Is this something that would work for ADU's? My rental has a lot of extra space outside around the house to consider doing a ADU build and create additional rental income.

Hi Karry,

Thank you for the response. I never knew about DSCR, but I see DSCR may be a good route to take.

Thanks,

Tony

Hi Isabelle,

What’s the best way to contact you?

Tony

Hi Karry,

Thank you for the response. I see DSCR may be a good route to take.

Thanks,

Tony

Hi Brittany,

I appreciate your recommendation on DSCR loan. It's new to me so I will educate myself on DSCR. Is this something that would work for ADU's? My rental has a lot of extra space outside around the house to consider doing a ADU build and create additional rental income.

@Jason Coleman Good question you asked. Did anyone actually answer your question? I would like to know.

Hello, I am new to real estate investing. I purchase my first property in 2019 in Dayton for $4k with $10k in rehab cost and immediately put it into an LLC. It's being rented for $700 (yes below market rent). Today, the property is worth $95k and I find it very difficult to do a cash refi or HELOC to purchase other properties because it's in an LLC. My question is since it's only one rental. Should I close my LLC and Quit-Claim Deed the property back into my name and just do an Umbella insurance policy? The property is free and clear. Thank you