@Joe Carpyou can buy rentals with a DSCR loan, and they will not require W2 income like a conventional bankhowever, down payments will be 15-30%, so will use up your cash fasthow to scale as we sink money into each property is definitely a major challengei have done a couple successful BRRRRs that helped preserve capitalhope this helps

Without appreciation, your entire return is cash flow, and buying at a 6 cap with little to no real upside, means you will be making 6% on the deal.  

Some I know simply are not aware that you could have a cash flowing asset.

David,Reach out to @Lucia Rushton I have worked with Lucia several times and as a seasoned agent she has an a solid track record of finding good cash flowing STR's. 

cash and private money JV How did you add value to the deal?

I've now repaid her the downpayment and want to Cash Out Refi for investment purposes.

We also have them rules, just like y'all.Replacement will be another SFR  that will be the amount of the exchange if not more (out of pocket cash to fill that buffer). 

I've got maybe 20k in cash.

Purchase price: $248,000 Cash invested: $12,800 House hack I was able to make around $100 a month while living there.

The current rental cash flows ~$400/mo.