I was not ready due to limited capital.

In general, DSCR loans will require the property to be either leased or at least "Rent Ready". 

These properties would generate income, provide tax advantages, and appreciate in value until they were ready to retire.

If you buy right now you get in on the ability to increase your equity faster and simply refinance in 12-24 months when rates drop.I have seen this cycle twice in my 19+ years in banking and we are getting ready to have much lower rates over the next 3-4 years.

These properties are tenant-ready properties and support long-term growth. 

I was ready to submit an offer, but I called my GC first, and he strongly advised against flipping in Coronado due to the strict permit requirements.

I did some rough calculations and figured I should be ready to purchase in the first half of 2025.

STR is not my journey, however, if I can help with any LTR, I am ready to help!

If you’re looking to finance a rental purchase, a DSCR loan could be an option, as it focuses more on the property's income rather than your personal credit score.In the meantime, you can get your current property rent ready while also working on improving your credit.

I specialize in single-family homes and long-term rentals that are turn-key ready in over 10 markets.If you'd ever like to connect or have any questions about turn-key investing, I'd be happy to help!