DSCR loans are typically for income-producing properties, whereas HELOC's are used for personal expenses or home improvements.

If you are able to make considerable improvements in those first few years while living there, being an owner occupant during that time also allows you to take out a HELOC on the property much more easily than on something that's already a rental, giving you valuable access to capital for subsequent projects.

We hope he keeps this thread updated as we progress to further assist him on these properties to understand what the best options are and how we can be of assistance.This is certainly good feedback for our team as we are always looking for ways to improve and we appreciate all the input.

Bonus depreciation and Section 179 allowances for improvements can be utilized, with the latter, however, capped at zero to prevent negative losses.

Once I chose someone, Vitudesk set me up with a manager who would assist me in evaluating the caller's performance, making suggestions to improve results, and monitoring the caller's screen time.Sometimes, it can take days or weeks to find someone good, and it can take months to find someone who is good AND is in it for the long haul. 

Your gain is your sales price minus your purchase price, adjusted for closing costs and improvements.

LOC= Short term cash needsFixed rate= long term cash needs.Down payment would be a long tern need unless are buying under market value or improving value where you can refi with cash out paying back the short term vehicle like a LOC. 

Property has low maintenance ratio due to the recent improvements done at the property (common areas and many of the interior of the units).

Im assuming getting a lower refi rate would lower payments also improving my DTI Ratio ?

What you sold it for less what you paid for it less improvements and selling expenses, plus depreciation recapture = gains.