Hey @Kirk Roberts that sounds like a great long term goal!

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

This is a hard money product,you typically just need a 10-20% down payment, funding will be 80-90% of Purchase Price + 100% of rehab cost.AS LONG AS THE TOTAL LOAN AMOUNT IS LESS THAN 70% OF THE ARVOnce the project is complete you can then refinance into a DSCR loan.

It’s an invaluable resource for figuring out the best strategies for your goals.

My main goal is it be able to retire at age 40 from my main job and work entirely on my real estate portfolio.

So developers are building multifamily on these parking areas.Since these areas aren't located on top of residential areas, the zoning approval process has a lot less friction and resistance from NIMBYs.Here's an example in Rochester where an old Sears was turned into apartments for seniors.https://www.passero.com/projects/skyview-park-senior-housing...For multifamily developers, this could be an opportunity for building and partner with the mall owners.

Best of luck with your project!

I'm eager to learn the ropes, connect with experienced investors, and contribute to this fantastic community.A little about me:- Location: Bellevue , PA-Focus: Real estate wholesaling, with a long-term goal of building a portfolio of rental properties.- Background: Took some real estate classes before but really a lot of self learning on creative financing - Current Goal:To close my first wholesale deal within the next few months by learning from seasoned investors and applying proven strategies.I'm here to absorb as much knowledge as possible, so if you have any tips or resources, I’m all ears!

What are your goals for 2025?

Depends what you're looking for really, it might be worth discussing your strategies and goals with a broker, a national lender, and a local CU.