The rate that you buy down to is your rate for the entirety of your 30-year fixed loan - it is not a stepdown like you might see on some conventional loan products.

A true DSCR product doesn’t care about your personal debt. 

It’s often said in tech that if a product is free, you might be the product.

If you plan to operate this product, you still need to have cash to bring to the table as well as enough liquidity for rehabbing (you can get reimbursed through draws, but you start out using your own liquid).

Yours being one of them because it is a line of credit, this is not a typical loan product.

or you can jump on Pace Morby's free facebook and talk to all those folks who swear they do this .. but it is the blind leading the blind not sure how much actually happens..Also your a prime target for fake lenders IE scammers and Crooks who will tell you they can do it your all approved we just need 500.0o or 1000.00 up front to get to the next level. you pay it they try to bleed you for as much as they can and then ghost you and your out your money.

Other times you see a person do a single post and ghost their own post.I am in two other forums that are dead or dying.  

Contractors provide a finished product , we are not labor suppliers . 

Originally posted by @Chimpo Takasaki:Another product im not a FAN of-  Whole LIFE insurance policies? 

My main goal is to understand what types of loan products are available, and we are now more open to analyzing out of state purchases.We are eager to make our first purchase within the next 3-6 months.