I have taken numerous courses in RE and am passionate about learning more I am based out of West TX- Midland/Odessa area

@Chris Pratt Since single-family houses with ADUs are not considered commercial properties, they are not priced based on income or cap rate.

The only reason we don't qualify for traditional lending is because I took some time off to help my terminally ill father, and my husband has been in a commission-based role for less than a year (the lender said you need 2 years of history for that).

D.C. has, and always will have, a giant vagrant tenancy base as well as assorted tourism. 

Your paydown in the later years is virtually free

Not sure how old you are, and $200K in a 401K may be a little or a lot based on age, there may be so many implications taking out money from your $401k, especially if you are still working for this company.feel free to reach out for tax advice

Ground up loans are very experienced based.

I assume the first house hasn’t appreciate much if at all and that’s why you didn’t sell it and take the tax free gain that could take 10+ years to overcome as a rental?

View report*This link comes directly from our calculators, based on information input by the member who posted.How can I get this to Cashflow?

We currently own the property free & clear.This is what we're looking for:Credit screening for Primary Guarantor partner only (81% ownership stake)Minimum 75% LTV on refinance, we've heard of 80% LTV on a DSCR purchase but haven't been able to find anyone to do that on a Refi0% Origination feeTitle in LLC nameSorry to hear about your prior experience!