I usually describe DSCR loans like a see-saw (or teeter-totter)...as one side goes up (the LTV), the other side goes down (the Debt Service Coverage ratio).

I’d like to keep the current fixed-rate mortgage in place and, if possible, have the debt transferred to the LLC as well.

I've litigated personal injury cases (plaintiff's side and ID), business disputes, commercial debt, consumer debt, fraud, civil rights, contested foreclosure, real estate disputes, and landlord-tenant cases.For the past year and a half, I have been spending most of my time digging into small business acquisitions.

You’ll still be personally responsible for the debt and it will still show up on your credit report/DTI if that’s what you’re trying to pull off.You’ll increase your interest rate by 2-5%?

For now, my immediate goal is to pay off all of my credit card debt (should be accomplished by February 1.), and continue to educate myself on NOI, Cap rate, cash-on -cash return etc.BP community, I am open-minded, willing to take initiative, always willing to be taught something new, but also ready to share any experience or knowledge I have that can help someone else. 

We own 3 other rental properties that have a 6.5%-7.5% APR, and no credit card debt or any other high interest debt to pay off.

Trying to decide if we should use a home equity loan for the remodel, do we need to put current home under LLC to help with debt to income ratio & would that affect getting the home equity loan?

Fed can’t raise interest rates to hold inflation down due to Fed debt levels.  

Investors can invest through 3 paths where investors capital is deployed immediately and stays deployed. 1) Our unlevered debt fund that targets 7-9% return with a liquid portfolio and quarterly liquidity.

Amazing, no debt and 10k before graduating!