Then once you've fixed the property up and at least have it listed for rent you could refinance into a DSCR loan.

Let's wrap up our QI selection series with the human element - because relationships and reputation can make or break your exchange!

There are plenty of people who want to get into a home.

Ground breaking this quarter.

Hey everyone,Wanting to look into land management opportunities

Our sewage line has also backed up into the basement, several times.  

The first lender I worked with had gone into lending because on his first commercial flip we lost over 250k because of a contractor.

For those that qualify for conventional financing its another negotiation tool, for those that do not its a way to get into real estate but many do not understand what it is they are signing up for.Regarding it being good for an owner, again it goes back to the borrower, if I have a borrower with 800 credit and I control cashflow its far different than someone with 540 credit.

It also can be great for keeping you motivated and plugged in to the industry.Even if you don't get a real estate license, consider taking the licensing classes because it will give you some foundational knowledge for how real estate law works. 5.

Hey @Dan Cooper Congrats on taking your 1st steps into REI!