SUBSTANTIALLY.I highly recommend tapping into your equity and accumulating some more assets at these prices, you will thank yourself in 3 years.The best and most cost effective way to do so is a simple cash out refinance, I don't think you should touch your primary, but leverage your investments for sure.

I have a rental property in Western NC that was hit. Access is impossible and it will take a long time for the city to be rebuilt back. Roads are still failing and the first priority, rightfully, is to save lives and ...

How can one, who has only rudimentary knowledge in real estate without any boots on ground experience (read a few books), effectively choose a real estate agent?

Almost all DSCRs require a personal guarantee, and PG'ing a loan WILL have the exact same effect on your DTI, regardless of whether the DSCR lender reports it on your personal credit report.

Quote from @Gregory Wilson: My post was supposed to address the cost of borrowing money.If you borrow $100,000 of your primary home equity at 7% and then invest it in a property that earns a 12% return, you effectively make a 5% return (12% income - 7% expense).

At least more cost effective than SFH.

What strategies have you found most effective for securing financing in a competitive market?

Hi Samuel,When considering how to pay off a loan faster, both methods you've mentioned—making a large principal payment at the end of each year versus bi-weekly payments—can be effective, but they operate differently.Large Principal Payments: Making a large payment once a year can significantly reduce your principal, leading to lower interest costs over the life of the loan.

It's part of the problem and this was a great post.When you are one of the voices of reason here or in person, people who like back pats and can't handle criticism always do the same thing.

We lease our homes to organizations who pay us one amount every month on the lease and they are in charge of the operations of the house and how the lease is getting paid. https://narronline.org is a great resource to learn about operating effective sober living homes and the different levels of homes and care required to meet those levels.