Off market deal fell into my lap and negotiated a cash offer using a line of credit How did you finance this deal?

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

We are looking to rehab a place and then do a cash out refinance.Thank you.

He also mentioned he never did miss a payment during this webinar. 

Buyer gives 330,000 cash, and takes a 330,000 lein on the property. 

From an asset preservation point of view he stops making payments immediately.

I don't think we are going to see a ton of appreciation on the properties we buy there, but for us, the cash flow makes up for it.

After closing on the loan, you will not have to keep taking 2k/month out (unless you need it to make the payments). 

Purchase price: $232,000 Cash invested: $65,000 Sale price: $495,000 This was a house that I bought during covid for a project, and I completed all the work on this project myself.

Sometimes they also have a car payment or child support payments or major credit card debt.