DSCR uses the rents of the property to qualify you do not need to show personal or business income – it’s great for self-employed, Retired, Fixed Income, New business owner, Realtors, or simply No job at all!

@Adam Bartomeo runs a professional property management business in the area and is also a long-time member of BiggerPockets.

Once you experience and understand the business better you can always flip down the road.

However, as you know with the ATM business, the sponsor is simply depreciating aggressively and there won't be any depreciation recapture since there's no value in the ATM at the end of its life.

We are considering purchasing an income making property and business combined, 10 acres 3300 sq ft home and barn.

Couple options that might be viable for you (I don't know all of your circumstances)- BRRRR into a DSCR by creating equity; partner closely with a lender before starting on this to cover seasoning and other requirements - also this will only work for an investment property, not a primary- bank statement loan/1099 loan may work if you can put at least 10% down and want a primary residence - will depend on how you're operating and a few other variables- seller financing; find a seller willing to carry a note for a few years- co-borrower; someone with decent income and credit who will be on the loan with you- DSCR purchase; be prepared to put down at least 75% or your rate/pricing will be horrible (70% is better); many lenders will have experience requirements; investment property only- find a private lender willing to fund the loan you need- get a salaried job relevant to your college coursework; your fico is strong and you have some cash, so househacking could be within reach via Fannie/Freddie multifamily purchase; get a solid workup from a competent lender before going this route as employment history will be touchy with this routeHard money can be used for an acquisition and rehab, but make sure your takeout financing plan is bulletproof before getting hard money.I'm originally from Baton Rouge.

Hello World, I have been doing research on "cash" offers as an investor and the results I have came up with is a "cash" offer can be consider any funding that is or has the ability to be liquidated without contingency from a bank; i.e. hard money, private money or your own cash.

Both of them are by the bedroom and this new one I just completed a master bedroom build added on to the back of the house with a private entrance for myself so I’m currently renting out the other 3 beds.Which cost me thousands more than I expected due to contractors not performing like I had expected etc etc.

My primary residence is owned in a family business LLC.

New investors often want to know how to get started as it pertains to Hawaii specifically, but I tell them the business is the business.