There is a range of DSCR lender underwriting policies for "1st time investors" - some don't allow it, some do with no restrictions, and some in the middle (typically cut max LTV by 5% or so and restrict against anything over 4 units)Also - check out these BiggerPockets articles for a ton of info about DSCR loans:DSCR Loans: What Are They And How To Get The Best Termshttps://www.biggerpockets.com/...DSCR Loans: How To Use Pro Strategies To Save More And Make Morehttps://www.biggerpockets.com/...Multifamily DSCR Loans: A New High-Impact Loan Option For Real Estate Investors?

Many insurers have left the state so it is important to be able to get the correct STR insurance.Start calling around and get some bids and ideas on cost and fit it into your budget before you start offering on properties.

And keep in mind that the rate on the 2nd lien will likely be 10-12% so depending on the cash flow it might not actually yield that much cash to you at closingMore importantly, it's just more debt so ultimately it sounds like you need an income-producing event to actually improve your situation and avoid some of the consequences that you mentioned

I feel in real estate if one is truly involved in it these are two of the most important sites utilized.

But, I have used this strategy numerous times when time was much more important than money to a seller.

Any information about land in reference to developing townhomes would be helpful ThanksWhen it comes to Build-to-Rent (BTR) townhome developments, which fall into the larger category of rental housing that is rapidly expanding, there are a few important considerations:Typical Density: A common density for BTR projects is around 8 dwelling units per acre.

So feel free to read my posts on the subject and contact me if you need any further help.Most importantly, Mexicans, Dominicans and Latinos from other countries, you're all awesome!

The plumber will likely have to cut open the ceiling to confirm and make repairs, so you can save a little money by learning how to do that yourself, confirm the problem, and then call the plumber for repair, then patch the ceiling yourself.As Jonathan is trying to point out, it's important to expect these things and have funds on hand to deal with them.

They've done multiple video preentations of their company.I'm surprised though that there is a complete dearth of reviews, articles, comments about them except for their own maketing material.Did either of you go with them? 

Verifying last 2 years of rental history very important!