Quote from @River Sava: Hey April - Refinancing after a year if there's limited equity depends on your goals—lowering your monthly payment, cashing out, or switching loan types.The process usually involves checking your current loan terms, appraised value, and credit situation.

For example, I mention that every adult must pay a $30 application fee, pass my credit/criminal background, make a combined income of 3x the rent, and whether or not the property accepts pets.

@Ali Mol In a lease-to-own agreement, the $1,666 monthly credit should be treated as a liability (deferred credit) rather than rental income, as it is allocated toward the purchase price.

I use Stessa for accounting, I love it, it links right to my bank account/credit card accounts and I can assign purchases to different properties and units of the property for multi-unit properties and at the end of the year I have a simple report to give my tax professional 

I mean this is stuff for wall st analysts not us ( well Me) vanilla RE investors and lenders..

When getting a DSCR loan whose credit score is the lender going to use?

DLP lending fund and DLP preferred credit fund = In solo 401k (roth or traditional) because they are tax inefficient.

if you're a few years out before starting in the US with RE Investing, the best thing you can do is work on your credit and safe money and start establishing business credit with banks and credit unions here in the USenjoy Panama, and good luck

Some call a line of credit a bridge but its not its a open end mortgage and the lien is in second position.If you have any questions or want more info on the above types of scenarios feel free to reach out or send me an email.What you want in this current market is a cash out refinance unless you are trying to sell a primary or vacation home.

Be nice to get them come down in price or give me seller credits.