I’m a young entrepreneur in the real estate space, and I’ve recently started my own company.

Quote from @Tyler Magee: Hello everyone, I’m looking to get into real estate investing.

I had already been in real estate for 5 years and thought I had seen it all.  

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. 

I'm originally from Kentucky and moved to Palm Beach County to pursue real estate full time.

You have used home equity lines of credit to purchase investment rentals and want to know the best way to pay down the HELOCs.Between the two properties you bought, after expenses, you have $250 a month positive cashflow to use.What I like to do is pay down some principal every month with my positive cashflow.I use my extra active income from real estate commissions helping other investors to pay down the principal even more which just frees up that credit for me to use again.I know I can refinance the HELOC debt before it changes to principal and interest as it is just interest only payments as yours are.One difference is the cashflow, I have greater positive cashflow and could make the principal and interest payment in the future with the extra cashflow I already enjoy.I always get HELOCs on my income properties as well after purchasing them to pull out as much of my downpayment as possible.

Now do not get me wrong, tech has its place in real estate, but it’s not a replacement for expertise.

If the bank will call their note if you commit to the transfer you can also check out this article as one strategy that has been used to work around the issue.This is not legal advice, just my opinion as a real estate investor.

Hi everyone, I am curious if there are any industrial real estate operators on here. 

Thing is, I will need to go DSCR loans from here on out or just stop buying new real estate altogether.