.🔹 Example in Action:Rental income: $9,000PITI: $9,500 → DSCR <1 (not qualifying)Using $63,000 in assets → Adds $1,045 in incomeNew DSCR >1 → Higher LTV (80% instead of 75%)🔹 Why This Matters:✅ Helps investors qualify for better financing✅ Increases borrowing power and flexibility✅ Allows you to scale your portfolio fasterUnderstanding financing tools like this can be a game-changer for investors looking to maximize opportunities.

.: I'd be tempted into doing an STR (maybe with a higher down payment to ensure cashflow, just run ROI numbers) or an apartment complex - I personally wouldn't mess w/ small stuff.

Is your $15k even enough of an emergency fund for you personally?  

So I have recently come into the fork in the road where I am trying to dial in my career to align with my personal and professional goals for the future.

I have arranged for Servpro to take a look at the property in person to give me a quote for this job.

I personally love the area and travel there very often.

Quote from @Jokari Trueheart: HI, almost 11 months ago I purchased 3 duplexes and I borrowed the funds from my personal residence which I took out a equity agreement for the down payment on the investment property, great idea at the time because I have 10 years to pay it off and theres no payment requirement, but , I learned more about the consequence that it takes a large chunk of my equity the longer I take to pay it back, so my goal was to refi cash out the investment property to pay it back but I don't think theres enough equity yet to pull the full $106k needed, I only borrowed $88k but with the equity percentage for one year i'm paying about $18k in equity on top of the amount I borrowed if I pay it off in year one, so I need this paid off ASAP before it increases more.

I think spending some time and resources on learning the House-hack or Flip strategies would be a game changer.

It has become and really continues to be my "one thing" on a daily basis.When you couple these forums with the other opportunities like BPCon, you get invaluable experiences, just like being in a room with 15 other people getting some personal help with your profile from the one and only @Scott Trench.  

I'm now finally here in person, and have started to go view places in person with the intent of purchasing.