If anyone needs a lender that does DSCR loans for up to 8 units on one property, I found someone who has a product for this!

Generally, the biggest difference is that DSCR Loans often have prepayment penalties attached which typically will have a 1%-5% fee if you prepay the loan within the first five years so its the "risk" of having to pay a little extra fee if you sell or refinance the property pretty early on.PS - check out this series of 10 articles published on BP on all things DSCR Loans which can give you a full rundown on everything you would need to know when using this type of loan!

Purchase price: $225,000 Cash invested: $50,000 Sale price: $335,000 This was my first house and I didn't know anything besides what my realtor was saying.

@Tiamo Wright is getting g this over the finish line. 

Any strategies beyond this would be appreciated.

Who’s pulled this off?

Glad to have you as part of this community, Ben! 

Seems to me you might be better off structuring this as a purchase immediately with immediate transfer of title with a 300K down payment.

I am confused as to how to report this.

Purchase price: $242,500 Cash invested: $13,450 Single Family Cape Cod - Value Add - Short Term Rental - Long term hold What made you interested in investing in this type of deal?