I love home depot because i get military discount there!

I have tried to do a HELOC but I’ve recently retired from the military and haven’t started another W2 therefore lenders don’t want to approve the HELOC.

Credit unions, banks, mortgage companies and private lenders.They all had the same answer.

While not my main area of practice I represented a Brooklyn credit union lender, some buyers/sellers and a few landlords in real estate transactions and rent arrears cases.While we had successes and some failures along the way I ultimately concluded that I wanted to do something different with my life and cashed out of the business.

What are the possibilities as foreigners for:- Conventional loans- Bank/credit union loans- DSCR loansTHANK you and have a nice sunday evening. 

Big banks and credit unions will look at a full DTI(personal income) while others will just look at the cashflow of the property.

House HackAttend as many REI meetups as you can to grow your network of investors for referrals, help through challenges you may incur but don't have experience with, and learn from proven guest speakersNetworking app like blinq to compile all of your contacts for REI in one area with phone and emailbegin conversations with local credit unions exploring what type of loan products they offer

No legal jargon or last-minute surprises.Smaller credit unions are also worth exploring.

I suspect a local bank/credit union would waive the seasoning with such a strong DSCR on this.And yeah, I was debating on the ARV, particularly given the amount of rehab you will do.

The banks/credit unions said I needed 6 to 12 months of ownership to get refied.