DSCR Loans: What Are They And How To Get The Best Termshttps://www.biggerpockets.com/...DSCR Loans: How To Use Pro Strategies To Save More And Make Morehttps://www.biggerpockets.com/...Multifamily DSCR Loans: A New High-Impact Loan Option For Real Estate Investors?

These were investments, the value of the assest are there, its the liquid that ran short and had to resort to credit cards to fix up the propertyYou spent $50k from savings, borrowed $50k from a 401k, and are paying it back over five years at around 7.5% interest, then borrowed another $40k from credit cards and are paying that back at around 8% interest, maybe more.

Another great option is the BRRRR method (Buy, Rehab, Rent, Refinance, Repeat), where you buy a fixer-upper, renovate it, rent it out, and refinance to pull your cash back for the next deal, and this is a good route because most private lenders can go higher LTV than on a rental loan! 

That shows real estate can be possible for anyone; in my opinion, I know everyone has unique and challenging situations, but in principle, anyone who can follow some basic budget fundamentals can save up enough for a down payment.Grateful BiggerPockets continues to bring more people into the industry!

Our last deal we engaged a mortgage broker that also brought a Private Equity LP (Limited Partner) to the deal. 

This lesser-known strategy could help you save money and reduce your monthly payments without the hassle and cost of refinancing.

Do you think it's better to start sooner with a cheaper property to get in, or potentially wait longer to save more? 

I’m currently working on a deal in Fort Lauderdale & actively looking for financing solutions like hard money or private lending.

I could never find anyone that had done business with them.I mean really anyone do no doc 5.75 % private money.. 

Most propane suppliers will offer a discount if you purchase your own tanks outright, I save around $1.00 per gallon.