With excellent credit (800+), you're already in a great position, but I understand the struggle with DTI when you're self-employed.Here are a few options that might help:Asset-Based Lenders: You're on the right track with DSCR loans, but you may find some private lenders or portfolio lenders willing to go into the high 6’s.

If you raise an extra $500k you should have $2k/mo in cash flow, still bad but at least it’s positive. 

Elwin, in general, HELOCS are second lien position products.

But frankly don't know where to start and how to position the opportunity.

But, that will add to your holding costs so make sure you are in a position to support the payments in the interim.4) Purchase the property5) Fix the property6) Rent the property7) Refi the property (Private, DSCR, Conventional, etc)

Look for markets where the environment for landlord is good, prices are reasonable and growth is positive.   

I was in a very unique position and also very fortunate to have developed the skill sets and abilities that I have over the decades.

It's also important to account for factors like maintenance, vacancies, and unexpected costs to ensure your investment remains cash flow positive.

Most people go to the 3-day event and then do nothing with it....the people who join Mastery get the very intimate teaching and assistance they need to get going and do deals...some people need that and some people don't.Regardless, going to network and meet other Chicago investors is a positive no matter what.

They still have a year or 2 left before they’re completed and stabilized, but all metrics still show positive as of now.