You could house hack by purchasing a small multifamily with an FHA or conventional loan, reducing your living expenses while building equity.

I want to be able to do a cash deal to get a lower price and avoid all the cost that go along with a lot loan, fees, points, etc.

If you're using a DSCR loan to purchase the home, most lenders use the lower of the lease agreement or 100% of the market rent from the appraisal form 1007 to determine the DSCR.

Another way to say is that what is the value of the property (today) compared to what is owed on the loan?

If you have any loan questions feel free to reach out. 

Once you’ve built capital, transition to small multifamily units using DSCR loans for steady cash flow.If you need help analyzing deals or securing funding, let me know.

We closed on the construction loan June of 2021, the permit came through Nov of 2021.

House hacking a 2-4 unit property with FHA (3.5% down) or Conventional (5% down) can be a smart way to start, while DSCR loans or partnerships can help if you need alternative financing.

Woohoo! My offer got accepted for an investment property in Pennsylvania. Next up is a huge financial hit: closing costs. I just signed a bunch of disclosures from my lender and after reading them it has me thinking, ...

If you ever need insights on financing options for rental properties, including DSCR loans to scale your portfolio, I’d be happy to help.