However, it does demand solid digital marketing expertise to see positive results.

I have tried going through the conventional route of HELOC and Home Equity Loan for my primary residence.

However, holding costs would be about $2600/month, and rental income would only be around $2300/month, leaving us with a small monthly deficit until we could get an FHA/Conventional loan as my DTI is too high to qualify for FHA or conventional loans until my income average increases in April.

Did you purchase it with a conventional loan or DSCR?

However, it does demand solid digital marketing expertise to see positive results.

Consider financing options like FHA loans, conventional loans, Texas State and Local Programs, and HELOC.

As for the cost, DSCR loans will almost always be slightly more expensive than Conventional loans.

Here's the latest market report (based on single family homes): Mortgage Rates:30-year conventional rate today is 6.61%30-year VA rate today is 6.14% Median Sales Price:July: $487,483August: $480,000Sept: $490,000 New Listings:July: 2,068August: 2,198Sept: 1,910 Median Days on Market Until Sale:July: 14August: 16Sept: 20 Months Supply of Inventory:July: 2.8August: 3.1Sept: 3.1 What does "Months Supply of Inventory" mean?

Or, he wants quick sale, can't afford to wait for underwriters to find zillions of reasons to deny the conventional loan (which they most likely will, because the house is in need of major repair.

We've always gone through conventional lending and working with distressed sellers and creative financing is totally new to me.Sue Manseau