Set a goal for yourself based on your needs, your location and your market and shoot for that.

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

Also, even if it's true that is has been working to avoid the DOSC so far, my understanding is that any "outright sale, deed, installment sale contract, land contract, contract for deed, leasehold interest with a term greater than three years, lease-option contract or any other method of conveyance of real property interests" can trigger the DOSC (quoting the bank definition of transfer or sale), meaning that banks could still call these loans due despite the executory contract/land contract if they so choose. 

I am not exactly sure what my goal is for the long run, but for the time being I'm looking to get a roommate, then after 2 years, to fully rent out my place and hopefully get some cash flow.

My goal is to rehab it first then move in as my primary residence.

What are your goals for 2025?

Let's connect, I'd love to hear more about your goals for your first deal!

My goal is 25 doors in 5 years, my struggle right now is deciding to either go back to work and save up money to continue or come up with a way to leverage financing to stay afloat myself and stick with it, waking up everyday 100% dedicated to my real estate. 

A few reasons I choose to bank with them:-Very easy to set up business bank accounts under my LLCs-Option to create virtual accounts under each LLC.

If you choose to move forward, I recommend having a backup plan in case Hawaii outright bans STR.