DSCR loans open up more opportunities for investors by focusing on the income potential of the property itself.Here’s why DSCR loans are a powerful financing tool for real estate investors:1.

That's up from July's 114k (which was changed to 89k).

WE did about 30 new builds downtown charleston but last 2 years we simply could not find anything that worked.. finally found  a lot and we close on it mid month.will build the same floor plan on the same street we did 5 years ago and sold for 450k  this time its going to sell for 850k..

Adding your location on the thread might pop up some lenders that can assist.

But the best ways to get started are, in my opinion: 1) save up enough for a 10-20% down payment and then save a lot more on top of that for reserves, overages, and any unforeseen repairs.    2) have your financial house in order and have credit above 700 to get more favorable rate and terms from lenders.   3) speak to a loan officer that is experienced with fix and flips and get the necessary documents together for a pre approval (typically not much required, usually a valid ID, LLC docs if any, and two months of bank statements showing funds for down payment and reserves). 

We are general contractors who rehab, build ground up, and do joint ventures with investors.

I wound up going in a different direction and did not pursue the issue.Bill

Currently have a 24 year tenant, who has agreed to a new 3 year extension, where they take care of all utilitites, lawn service, snow removal and minor maintenance up to $400. 

The really attractive part of the loan is the idea of not having to put down cash as a downpayment (even though I do have cash available since I was initially anticipating going with a Conventional 30-year loan).Is it fine to assume the risk of interest rates going up for the sake of putting 0% down?

I have my team on the ground when it comes to real estate agent, cleaner or other critical team members to make the property up and running.