Hopefully as the rates and the housing market loosens so will some of these guidelines in the HML programs. from talking to hard money funds especially those who operate in more than 10 states, and 5 years of experience with underwriting teams, I'd actually disagree and say new construction is preferred to rehab due to experience level to enter the market. there's BP lenders that will do 15% LTC with 1-2 new build experience.

That said, it could be a good choice if you’re capital constrained and need to recycle equity from deal to deal.However, if you have capital to deploy and want to take a more hands-off approach, targeting a turnkey, rent-ready offering could be a better approach for your first deal.Full disclosure: I own rentals and operate a turnkey provider in Tuscaloosa—let me know if there are any questions I can answer for you!

The beauty is, you can rinse and repeat, moving your equity up the ladder of properties, from a small duplex in Austin to a bigger aprtment complex in San Antonio, or even pivot into a promising commercial spot right here in the Phoenix area.I remember a friend of mine who started off nervous as heck about his first exchange.

I've used mine multiple times in the past deals, including a VA jumbo loan. 

Hold the property in the LLC's name for liability shielding, and use it for rent collection, expense management, and centralized operations.

My first thoughts are what kind of property do you have and what kind of rental are you operating?

If your DTI is bad (like mine was for several years) then you’re stuck with DSCR loans with 20% down.

From what I’ve read in the Street Journal, this part of Austin is set for steady growth in the next decade.A buddy of mine - let’s call him Jeff..picked up a couple of lots near Del Valle back in 2021.

After 20 years in real estate (before DSCR loans were even around), here’s my take: Tampa and Central Florida are gold mines if you play it smart.

I have a new-construction SFR property under contract, and the seller disclosed that there had been heavy metal contamination in the soil due to mining activity many years ago.