We've done a lot in Plant City...both personally and financing flips/construction/rentals for customers.

Prior Client How did you finance this deal?

. $60k yearly revenueHow did you finance this deal?

This year we plan on doing several spec houses assuming we can get financing lined up.

A reverse mortgage can be paid off, but the parents may have trouble obtaining financing as typically a reverse mortgage is received when borrowers have trouble making monthly payments and have little income but lots of equity.

I would say that a 1.20x DSCR ratio minimum for BRRRR is a bit high - plenty of options out there that wouldn't require such a hurdle A lot of industry DSCR requirement doesn't make sense actually, typical cap rate right now for single family with average price of $1.3 mil in SJC is about 1.5-2.0% right now, DSCR is whooping low 0.3-40.I don't know how you guys could qualify DSCR rental in CA these days.Now that our friend in Milwaukee is having trouble getting financing of his own, and we speak about Milwaukee here where not too distant ago, it was in double digit cap rate territory.my question to you lender folks how are you adjust to these situation ?

Based on your financial situation and goals, here are some personalized tips to kickstart your journey: Start by leveraging your finances with options like conventional loans, FHA loans, or commercial loans.

That is why I write about more than just real estate as I think it is important to become rich in many areas of life, not just finance. 

We have a DSCR product that does 75-80% cash out or maybe even creative financing to other investors depending on what you’re looking for.

How much cash do you have or do you plan on getting financing?