You could also do a simultaneous closing of a fixed first mortgage as a ‘cash out’ refinance and piggyback a new investment property heloc for future use..although the heloc rate will be stronger on the primary.

It sounds like a DSCR cash out refinance would good option for you as you can be in an LLC, no DTIs, and there are no concentration limits when it comes to how many you can do. 

As such, we are considering owning the properties in our own names to minimize tax burdens.Our primary motivation for investing in real estate is appreciation, as current projections show neutral cash flow.

I would also want to make sure that either short term or long term rents can support the full morgage payment, since there is not a DSCR specific program geared to mid-term rentals yet. 

Always document the evidence to support your claim. 

I am from North Carolina but manage my current rental arbitrage properties in Medellin, Colombia & Rio de Janeiro Brazil.Now, I am looking to start buying real estate - likely in the Raleigh/Durham area of North Carolina where I am from, but also open to new markets.I stretched myself very thin on my arbitrage business, so my cash is very low. 

Absolutely,I have a lot of clients working in Detroit and it has some great opportunities centered around 1-4 unit, affordable fixers that, with a little bit of work can become great cash flowing investments with lower annual tax and insurance costs.The downside is that you definitely have to know what you are doing as the good properties need some hefty work, and the market is pretty competitive.

Purchase price: $190,000 Cash invested: $60,000 Sale price: $355,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Brittney Sciandra, successfully completed a fix-and-flip on Church St, Baltimore, MD 21225.

In the lease, obligate the tenant to conduct a move-in inspection within a certain timeframe after move-in and to provide you with a move-in inspection report with supporting documents or photos. 7.

I appreciate all the advice and support