Are you using other peoples money, hard money, conventional, or your own cash?

DSCR loans focus on property income, need more upfront money, and work well for quick fix-and-flip projects.

Hey Jackson,As far as most of my investors, most of them use cash or various hard money lenders.

Recently I started working with a college kid who is doing some wholesaling to make some money and get his foot in the RE door.He had read about house hacking with a partner, where he applies for the FHA loan and finds a partner to cover the down payment.  

You've earned $132,000 more by splitting your money and leveraging it.

I actually read that book and that is what inspired me to consider STRs.

We already have hard money lined up to cover the mortgage and rehab.  

Your choices are to save more money or work harder to find one off-market for a below-market price.

I reached out but the thing is that they have a customer service type number and you can't get to an actual assessor.

Best case they take the money and any penalties from you at closing.