My dad told me that after the house had been sold that he realized that together with him doing and handling the business and bookkeeping aspects of the business and me learning the trades that we could become a lethal combination.

Since you have excellent credit and a down payment ready, you could also explore **bank statement loans**, which are often tailored for self-employed borrowers and can sometimes offer more competitive rates.

**Exit Strategy**: Make sure you have a solid plan to refinance or sell the property before the loan term ends or in case the lender enforces the due-on-sale clause.Being diligent with these aspects will help avoid potential pitfalls in your first Subject To deal.

If you’re looking for tailored advice or assistance with finding the best terms for DSCR or other investment loans, it might be helpful to connect with someone who has experience in this field for the best guidance.

No sense trying to delve deeply into technical aspects of the law over small amounts of money.

Throughout 2023, we have published several articles on DSCR loans, introducing the BiggerPockets community to how interest rates and terms are determined, giving answers to frequently asked questions about DSCR loans and talking about exciting new developments and expansions of the product, including DSCR loans for five- to 10-unit multifamily properties.This article will cover another big aspect of DSCR loans–specifically, what documents you will be expected to provide once you have decided to go with a DSCR loan.

Having money made thus paying for remodeling aspects is much better if I'm going to Hack this home for a labor deal with by master carpenter with 5 years left in his work career, and I can't get full market rent.  

Right, again.Always offer cash, worry about the leverage aspect later.

I guess I like the aspect of having an experienced investor to guide me through the entire process.  

Having been in many aspects of real estate throughout my career my favorites are ground up construction and note investing. right now note investing takes the cake as it can be done in any environment whereas ground up right now is very challenging.