Thanks, that's great info to keep in mind re: the seasoning period of HELOC funds in relation to borrowed funds of DSCR!

., tax savings) might be more important than immediate cash flow.

I have $14k saved up right now and I have my own business, from which I earn about $1-2k per month. 

(You act as the bank)Charitable giving to offset gainsTransfer the home into a trust (Like a CRT for example) that will avoid capital gains tax and you can have pay you a set income stream until your death and the remaining funds would go to charity.None of this is or possibly could be advice, I don't have enough info to fully know what is "best" but these are some ideas to think about!

Vacancy will kill your cash flows so it's good to have savings just for such an occasion. 

I would then contact anyone and everyone at the location armed with that info.

We use ours as savings account, so we basically took the monthly amount we were saving, and that became our premium. 

Hi BP community,I've been passively learning as much as I can about real estate investing while I save my money up.

In case helpful some more info on DSCR loans and how rates and terms are calculated:DSCR loans won't use your income to underwrite the loan.

Analyze this with him and then 2) have him start bringing you properties that he has run numbers on, in a serious spreadsheet, have him sell you like he was your partner.When you think he's ready and has saved at least some money for a DP, help him get started with a little loan/gift.