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.

Purley asset-based lenders are most likely going to be hard money lenders whose rates are typically going to be much higher.

The revenue was based from AirDNA and also finding comps.

Platforms like BiggerPockets, local REI meetups, and Facebook groups can connect you with investors seeking opportunities.Joint Venture Partnerships: Consider partnering with a seasoned developer or investor who can provide the capital while you contribute your vision and operational effort.Hard Money Loans: If you’ve identified a property, some hard money lenders may fund the purchase and development based on the future value (ARV) of the project.Crowdfunding Platforms: Sites like Fundrise, Groundfloor, and RealtyMogul cater to real estate developments and could be a great way to gather capital.Seller Financing: If the land seller is open to it, negotiate terms to finance the purchase directly with them.2.

If it’s not required by law, you might ask why it’s being done now and if there are alternative ways to address the concern.Going forward, consider setting a clear spending threshold with your property manager.

You can probably make decent returns in Akron based on gross income and purchase price.

I would focus on credit, consider some alternative options to "free your Benjamins" out of your home, or even consider doing a partial sale of your home to give you capital to get back at it!

I would still need to subscribe to a streaming service for cable tv, so cost savings wouldnt be much (or a wash), but otherwise it seems like it might be a viable alternative?

Based on what I'm reading here I would focus more on Airbnb/Vrbo.

Real estate is not my of my knowledge base at all but I want to start working on building passive income now (I’m 44).