The trials you face—long nights, tough negotiations, setbacks—will all be worth it for the wealth and freedom you can create.

It’s pretty common for people to buy homes even if they have other debt, like student loans, as long as their debt-to-income ratio is in a good spot.

The mid term rental company is great but real wealth comes from long term ownership.

Hi Aaron - check out our lender page here on BiggerPockets - you can see info and a long track record of strong reviews: https://www.biggerpockets.com/business/page/49Also, sharing links to the 10-Part Article Series we published here on BP on everything you need to know about DSCR Loans - we are fully committed to transparency and providing info/guidance to the BP investor community!

Although I've considered a future line of credit against the property as my best long term option, I would need to pay down the remaining balance first.

Avoid leading with a low offer or mentioning how long it’s been listed.

What are the next steps---BRRR seems like a good method for this- as theres potential for long term renters(near elementary and highschool)Step 1- look for a hard money loan(will they also cover construction?

The Property will be a good long-term investment whether you do the dig down or not! 

My mark up is always lower than the direct lender because I don't spend money advertising during the Super Bowl or buying a private jet for my CEO, and we don't have layers of management we need to pay.

The president has zero impact on underwriting guidelines and  zero direct control of interest rates. in fact the fed has no direct control of long term rates that effect mortgage rates.