About 90% of my coaching students bought properties and increased their net worth on average of $100,000 the year we worked together.

With $50K and a DSCR loan, your budget will likely cap at properties in the $150K-$170K range, depending on the closing costs and any repairs needed.

Lots of loan options can close in an LLC, helocs usually need to close in your personal name.

has anyone had positive/negative results in dealing with a company called 212 Loans?

This creates two loan payments ($100,000 of equity and $300,000 on the new mortgage).Key NumbersHome Equity Loan Interest Rate: 6%Mortgage Interest Rate: 7%Rental Income: $3,000 per monthExpenses (management, taxes, insurance, maintenance): $800 per monthIncome and ExpensesMonthly Rental Income: $3,000Monthly Expenses: $800Monthly Mortgage Payment: $2,000ExplanationThe investor earns $3,000 in rent each month.They pay $2,000 on the investment property mortgage and $800 on other expenses.This leaves $200 profit each month or $2,400 per year.However, you have to pay $6,000 interest on the equity borrowed.This leaves you with an annual loss of $3,600.While the rental property generates positive monthly income, the interest cost of borrowing the initial $100,000 results in an overall loss.

I'm hesitant to give up my conventional loans on the next cash out refinance for DSCR loans.

Loan Amount 110kCurrents Rents $1,375/moMarket Rents $2100 5 bed 3 bath Happy to look at pricing for you with additional details.cheers!

More on DSCR loans: DSCR loans won't use your income to underwrite the loan. 

Freddie Mac only offers financing for single properties they do not offer 'Portfolio loans" meaning bundle them all into one loan.

Curious if either of you ended up pursuing student rentals in Windsor?