• Is this a better strategy than using your own name, capital and credit to start out?

Is it better to sell, pay off mortgage and capital gains and take the cash to invest in another property or is it better to refi/ETO and take the cash to invest in another property?

I also have a lending partner who can finance STR deals with only 15% down if you wanted to preserve some capital.

Wonder what they charge developers to access their capital resources.   

There isn't a lot of capital besides the small inheritance I have coming.

You're merely proving my point that you have no business raising outside capital to invest in real estate. 

Honestly, I don't think you will be sacrificing a lot if you choose DSCR over conventional these days, and it will give you access to your capital/equity a lot faster.Happy to connect if it would be helpful.Good luck!

Hey fellow suburban Illinois BPers - Not sure if this has been sent/shared previously, but thought it'd be good to recap - Chicago Agent Magazine recently reported that suburban Chicago was ranked the second-hottest rental market in the nation (Here’s the article.).This confirms what a lot of us have seen: demand for rentals is really strong in the suburbs right now.

What kind of capital are you working with?

Contrary to most business lending, the REI industry has a lot of "non-bank" lenders that provide attractive loans that can lower your cost of capital and improve your profit/cash flow.