That's the problem.I was able to get a blanket HELOC on multiple rentals through a local credit union.

Purchase price: $275,000 Cash invested: $45,000 Sale price: $410,000 Contributors: Adam Schooley This townhouse, which had gone through probate, suffered from significant water damage to the drywall and required updates throughout.

Research the area's nuances, understand BRRRR financing strategy, network with local investors, analyze potential deals, use VA loans wisely, explore financing options, and network through investor groups.

Would I still have to go through closing lawyers and get the deed updated to my name or LLC? 

It took more time and back and forth communication than was needed, and compared poorly with other refinancings we have gone through.

Hi Frank, I owe you a call anyway, but will it work just sending it through the DSCR on the long term rents? 

Purchase price: $275,000 Cash invested: $45,000 Sale price: $400,000 Contributors: Adam Schooley This townhouse, which had gone through probate, suffered from significant water damage to the drywall and required updates throughout.

Purchase price: $275,000 Cash invested: $45,000 Sale price: $410,000 Contributors: Adam Schooley This townhouse, which had gone through probate, suffered from significant water damage to the drywall and required updates throughout.

@Sebastian Nadal for background checks, I use stessa/rent prep that’s available to us through biggerpockets tools.

After the showing we stood out on the street and talked through the deal.