This is a portfolio loan offered by local credit unions where you can buy up to 5 pure investment properties with as little as 5% down if you qualify, which you do have to qualify still with DTI, credit, reserve requirements, etc.There are different credit union options that would be best to connect with based on where you are investing and your situation, so that is why it's important to connect with our team to guide you on the right path on where to apply so you are not wasting your time and having multiple unnecessary credit pulls.

I get around that by using my Credit card or HELOC then going by the Credit Union later to transfer funds.Hope this helps.

I even went out to Memphis last year to drive by my properties and meet with MidSouth. 

Friday July 12, 2024 - by Scott BrixleyReal Estate News in BriefRate cuts are definitely coming.

Or you could promise a certain interest rate then lower the rate by a percentage or two at closing.What can be done in todays market to underpromise and overdeliver?

The easiest way to start out is to "house hack" or in other words by a multifamily between 2-4 units, live in one unit and rent the other units out. 

By covering one's out of pocket expenses, one can continue helping the family member, if one wishes to continue doing so.

Local economic conditions can vary by neighborhood.Key Considerations:Local Economy: Research the economic stability and diversification of each city.

@Kevin Quach, most of my business is acquiring rent-by-the-room investments.

Rates for DSCR on a purchase today with good FICO should be in the low 7s so just run Market Rent Divided by estimated PITI and if you're above 1.0 then you don't need to worry about the appraiser's opinion of that basement (my gut says appraisal gives no credit to projected rent out of the unfinished basement... but perhaps it doesn't matter?)