DSCR loans for refinance based on the income potential of the rentals.

hello im an investor based out of central Illinois and im looking to get financing from private money lenders looking to make a passive income does anyone have any suggestions oh who or where to start??

Even if you have to travel a couple of hours, you have a much better chance of finding someone.How to approach a mentorOnce you've found a likely candidate, it's time to reach out and ask.

What this means for you s that there is a good chance that your existing SFH becomes rent controlled when the ADU is placed in service (I would like to see the law clarified on this as this practice goes against the rationale of the 15 year exclusion). the reason this is important is that any rent reduction places your base rent at that point for rent control purposes.  

I'm currently based in Phoenix, having originally moved from Washington State.

I've been here for a while reading up and am excited to make my first post.A bit about me, I am 30 currently making a great salary in a W2 contract role that I will likely remain at through this year, after which I expect to look for a more permanent role with a lower base salary, however likely similar overall once benefits are accounted for.

As a host you can adjust your pricing based on demand. 

I've found a couple of options, but not sure how legit they are:-Delayed financing prior to 6 months, but only based on purchase price and closing costs, not ARV which isn't ideal.

Hi, I’m based in the Seattle area but invest in the Midwest with 9 doors across Memphis and Detroit.

This is why everyone want to become GP lol ;-)- So in your personal consideation, all in all, LP investment in bad market would perform even worse compare to invest to direct ownership- However, lets say now is good time to invest and market is good, then it is best to become GP of syndicator because you would make money 2000 times more LOL - hope you get it how you approach investment based on time and risk perspective.