Almost all DSCRs require a personal guarantee, and PG'ing a loan WILL have the exact same effect on your DTI, regardless of whether the DSCR lender reports it on your personal credit report.

@Sean OToole  I pinged Sean O Toole the owner of Property Radar you may want to collaborate with him..

An experienced mobile home handyman or mobile home mover will be able to raise/level a mobile home in the matter of a few hours or days with the right tools.3.

Lien waivers are also helpful tools and always require them as you advance through stages of the project.

IF the defendant has money, it can be very effective. 

Since the property has increased in value due to your rehab efforts, you can often refinance for more than what you originally paid, recovering your initial investment.Repeat: After refinancing, you've effectively used none of your own money, but now have equity in a cash-flowing property.

Then you'll have a few tools for capital at your disposal, including: personal funds, hard money, private money, and lines of credit... all there for you to grow/scale!

Agent just alerted me to the new Maryland HB693 bill that went into effect Oct. 1 2024 limiting security deposits to 1 months rent.

Quote from @Gregory Wilson: My post was supposed to address the cost of borrowing money.If you borrow $100,000 of your primary home equity at 7% and then invest it in a property that earns a 12% return, you effectively make a 5% return (12% income - 7% expense).

That’s why this tool breaks down various components like cash flow, principal paydown, home and renovation appreciation, initial equity, and depreciation for potential tax savings.