( Cleveland ) I’d like to see how others are gaining properties so quickly instead of saving up 20% each time. what are my options to avoid having to save up 20% each time for a down payment  DSCR loans are a popular choice for investors in Cleveland, as the real estate market is reasonably priced.

Using my VA home loan and renting out the other bedrooms I figured that would be the safest way to get started. 

We had our choice of 2. 

We plan on using DSCR loan (yes high rates but our complicated taxes makes non conventitional as our only choice at the moment) so PM fees will def kill anything. 

Real estate investing is the safest, and most effective way to build wealth for the vast majority of Americans.  

It’s the best choice I’ve made so far in my real estate journey because of the solid foundation you gain through off-market acquisitions, as well as the deep understanding of marketing and sales that allows me to offer better services.

You might have t choose the least bad choice.

Each lender has different ownership seasoning requirements, so if you have owned it less than 3 months, your choices are limited for cash-out refinances.

We ended up with Lowes because it was a mid-grade Pella product priced reasonably, installed in a short amount of time, but ultimately Lowes was our choice because they are likely not going out of business so the warranty works well for us.

Examples are as follows:5-4-3-2-1 (Stepdown in %)Flat 55555 (5% for all 5 years or 3 years (5-5-5)6 months of interest pmts on 80% of the loan balance (hybrid penalty)your PPP choice directly impacts your rate and DSCR so be sure to weigh out these factors altogether.