That being said, the vast majority of mortgage products available (primarily DSCR) to LLCs are still going to consider your personal credit in the underwriting process.

However, a lot of concerns can be mitigated with looking at their past rental behavior in a lot of different settings.

Considering the rates I am being quoted, I am a little surprised more investors arent talking about this.

I’ve built strong relationships with agents, contractors, and other investors in the area, and one of my contacts informed me that the owner was considering selling but hadn’t listed the property yet.

I’d recommend shopping around with different DSCR lenders and considering lenders who specialize in investment properties for more flexible terms and options.Good luck with your investing journey!

If leveraging equity feels too risky, you might consider using a portion of the equity to fund your next property while keeping reserves intact.

It works great for many people -- not me -- but it might be your best option considering your distance. 

I’m considering a 20-unit multifamily property listed at $1.6M, but the seller has indicated they’re willing to accept $1.25M.

We are set to close on a 10 acre building lot January 31st for 125,000.

Consider duplexes or triplexes that can help offset your mortgage and provide steady income while you figure things out.