Another avenue would be to call your utility companies and ask about installing additional meters.

That way you can renovate it after closing and gain some additional equity.

If your rental income increases faster than inflation, you will have the additional dollars you need to pay inflated prices.

You should also check to ensure they have Errors & Omissions insurance, Fidelity Bond coverage, and a Financial Institution Blanket Bond.Some are more consultative and advisory and provide guidance, while others are just processors. 

If you throw in some additional capital along the way you can accelerate the process, a lot.

Additionally, creative revenue streams like adding storage or premium amenities can boost NOI.

Hi John, feel free to reach out if you are looking for some additional options on your DSCR loan!

You may have to make modifications or additions in order to get that signed off.

I also use business lines of credit from banks, but for this banks definitely want to see revenue (usually 5-10x the amount of a mine they will give you).It is important to remember though that just because these lines and CCs are not immediately reported on your personal credit report, if you miss payments or default you are personally liable and the debtors will add it to your personal credit report.

We need to ensure that residents are not negatively impacted when selling properties.