For example, if you find a distressed seller you might be able to take over their loan using a "Subject-To" strategy and inherit a loan at a 3% interest rate!

I want to purchase them using a DSCR and need help with this deal.

Purchase price: $480,000 Cash invested: $24,000Purchased using a 5% down conventional loan.

I really do not like using a lot of debt to purchase a deal.

Also, are you using a PM to manage the property?

Using a HELOC, could also work if you plan on paying it off quickly through a delayed purchase refinance on the new property.

Using a VA loan for a second property, where I’d move in and rent out my current home.When I made an offer on a fixer-upper (I didn’t win that bid), the loan officer mentioned it might be difficult to convince the underwriter why I’d need another VA loan for a second property in the same area, especially since the new home is almost identical to my current one (same size, age, school district, etc.).

One of my current tenants is using a rug I had in the house for staging; he's SUPER clean & it'll be well taken care of . . .

**HELOC or Second Mortgage**: If a DSCR lender won't take a second position, consider using a Home Equity Line of Credit (HELOC) or a second mortgage from another lender.

Once you finish the rehab, you can then refinance using a DSCR loan.Do you have enough funds saved up to start buying properties or do you need to refinance your current rental?