What key factors should first-time borrowers consider when securing funding for their initial real estate investment?

It's been a game-changer in my investment approach, and I've completed two deals this way already.

Here are some key strategies to consider to help you stand out, maximize your occupancy rate, and boost your cash flow.First and foremost, invest in properties short distances from popular vacation spots like famous beaches, golf courses, and locations with great weather all year.

Do you own properties or new to investing?

Can you afford to have the entire investment wiped out?

I would like to look at some HELOC options if possible but I was told I would need to refinance the loan to a conventional investment loan and take on a much higher rate, which I have no plans of doing.

If you haven't tried this yet I'd recommend playing around with some of the BiggerPockets calculators here https://www.biggerpockets.com/investment-calculators If you have a pro account you can use the calculators as much as you'd like, if you have a free account you do get a few free uses of the calculators!

I am a local Long Island Real Estate Agent covering everything from investment opportunities, development opportunities, home selling, home buying and everything in between. 

Quote from @Megha Mathur: Hello all, We are looking to use the DSCR loans for buying our investment property.

What are the advantages for investors looking to diversify into alternative assets like real estate, and how does it compare to traditional IRAs regarding custodian requirements and tax benefits?