Also, after 6 months like you said, I believe you could easily get a cash out Refinance with a DSCR option that would be in the 5% rate as well.If the owner is not interested in Owner Financing, as long as this a 1-4 unit complex, we could get you financed at 80% of purchase, 100% rehab at 11.25% Interest only, I may be able to go as high as 90% of the purchase, but I would need additional information.

I have personally used DSCR for my own purchases as well as with many of the investors I work with.

Can someone explain how using the Heloc to purchase the property with cash, then rehabbing it, then renting it out and then refinancing the home would benefit them in this scenario?

However, for my yard signs I have a QR code posted on the sign to lead directly to the zillow listing for more information. 

   - Take care of the property, be responsive and professional and warm to the tenant, protect your information, name number address etc as much as possible on all forms and websites without appearing to be hiding something. 

I have seen quite a few lots being purchased in Memphis lately.

For our clients, we typically look at the most recent appraisal, county records, or property tax statements from the year of purchase.

Purchase price: $210,000 Getting paid to buy prime real estate is about as sweet of a deal as it gets for a buy and hold investor.

Lenders I've spoken with will fund the purchase and rehab.

If you are a good rehabber and/or have good assets and credit, you might be able to get hard money loans to purchase and rehab and resale.