Details below...We need a FAST cash-out loan product that requires only the personal guarantee of my business partner (60% ownership) to be used for: completing the remaining rehab and getting the 1st house rent ready, paying off revolving credit accounts to get her credit score up, and funding the other projects we have in the works.To help bring you up to speed on what's transpired over the 11 weeks we've been in business...We started our business on Dec 1, 2023, leveraged our "then" good credit/high w2 incomes to bootstrap the startup, assembled a rehab team, and are now about 2 weeks out from the completion of our 1st rehabbed property.We've closed on 3 properties, all owned free/clear, and have paid for renovations with personal funds/credit.My credit score was 810, but is now 592, due to excessive debt but 100% on-time payments, therefore can't personally guarantee a loan.My business partner's score is currently in the 700s, but likely wont be for long, due to her revolving credit % continuously increasing, as we push towards the completion of the first rehab utilizing her remaining credit on her CCs.Recently, I started researching the underwriting timeline for DSCR loans. 

I know construction loans have really high interest rates, around 11% , so is there any way around this??

I recently stayed in an MTR in the South Bay area in LA and demand there is strong but price points are super high both for property values and nightly rates.

If you cash out 100% of your funds, you are most likely not going to cash flow with how high the rate would be. 

The problem is that my HOA is so high that I will barely make any money off the rent.

I would like dabble in Texas, but the high property taxes along with high mortgage rate make it difficult at the moment. 

You will need to make sure rents are high enough to cover the new monthly payment on the refi.

You really need to have reserves to cover vacancy and high cost repairs.

Hello Investors,I am a carpenter working full time in Toronto I have set my goals high to become a successful real estate investor and am willing to put in all the work it takes to get there.I have spent the last few years learning and planning it out and I would like to take action this year and buy my first property.

It's fairly high profile and owner wants tenants to provide proof of funds and concept prior to getting access to any info.