Is it students, nurses, any paying tenant etc?

it combines the advantages of owner occupancy, such as a lower down payment loan, with investing.

I would like to get a cash out fix&flip loan on my triplex.

Anything that you need a loan to operate/buy/grow.The Fed may be damned if you do, damned if you don’t….But What do the “Experts” Think?

This makes getting a DSCR loan more difficult because of the under market rents. 

Hi everybody,My husband is military and we currently own our home in Knoxville (purchased for $450k, we owe about $300,000 with 2.6% interest on 15 year loan).

I'm thinking 30 year amortization with 5-10 year loan with balloon at end of term at 5% interest. 

I am very confused about whether it is best to pay cash (which I would not have to borrow) and then do delayed financing , get a DSCR loan, or something else. 

And by selling the shovel ready lot, I don't need to pony up big sums of cash or take out large construction cost loans.

Hi Denise - If you're eyeing a DSCR loan, maintaining your primary residence is necessary, as most lenders require it.Refinancing could provide quick access to funds by leveraging the equity in your primary property.