Hello, we own and live in an 1150 SF single family on a 5200 sf lot with alley access in Encino.

Ensure that the updates are of high quality yet within budget to maximize the increase in value.When it comes to refinancing, after completing the renovations, you can refinance your home to access the created equity.

You will also have ADA issues with all stairs only access.

Since it's in the city, we have water and sewer access.

Hey @Ignatius Okeke one thing to consider is partner up with someone who is a wholesaler or at least has access to these tools.

@Rachel Seymour-NewtonIf you want to buy off-market deals network with wholesalers and agents in your market that source the deals you are looking for so you can get access to those opportunities.

If you have access to a line of credit on your primary home, that could be a good option.

Did you access funding?  

Also, sheriff's sales are no access so you are buying sight unseen.

I will say with honesty, DSCR loans are generally the “easiest” in the block when you are a lender who works with 100 different loans types but they are all still snow flakes and require individual attention.