Unlike conventional loans that typically require a 12 month seasoning period, DSCR loans have no such requirement, making it much easier for investors to scale their portfolios.I’ve included an article below that outlines how DSCR loans can be utilized in BRRRR strategies.Also, I noticed you’re based in Florida, I’m in Tampa.

In 2024, the city instituted a CAP and for a period, now only active STR permits can transfer to a new owner.

Do most people get the property under contract in a single-member LLC and then assign the contract to the syndication LLC during the DD period? 

With the HELOC and then converting it to a term loan you will probably be paying higher interest and/or shorter amortization period on conversion which will mean higher monthly payments.

Nobody voted for Elon, so he has no business mucking around, period, especially in our private data, nor in government systems.2.

Period, full-stop, no exceptions. 

This protects your investment and gives you leverage if there are issues.Other Tips:Make sure the lease explicitly defines the move-out date.Conduct a thorough walkthrough with documentation before and after the lease period to avoid disputes.Handling a seller-to-tenant situation can be tricky, but with the right precautions, it can work smoothly.

This would buy time to improve cash flow or explore better refinancing options.Ask Your Lender: Would they consider lowering the rate temporarily or extending the loan period while you stabilize cash flow?

I am currently under contract for a property, and my inspection period has just expired.

** This is part 6 of me documenting my fun and often stressful real estate journeyThe nightmare is finally over.Today I close on my second flip ending what will hopefully be the roughest period of my investing journey.