What if your first (or next) rental didn’t depend on your W-2, your free time, or cash sitting in the bank? Today we’re covering how to qualify for more deals, fit investing around a busy schedule, and fund your repairs without putting your next deal at risk!Welcome back to another Rookie Reply! First up, we’re breaking down DSCR loans, which let the property’s rent do the qualifying, plus the fine print to check before you sign. Next, a rookie wants to know how to get started with real estate while working 45 to 65 hours a week! We’ll show you how to take those first steps, with help from automation tools and turnkey rentals. Finally, we’re exploring six smart ways to fund repairs after closing!Not enough income, time, or cash: these are the reasons most rookies never get started. The truth is, there’s a solution for each one, and today’s episode will help you tackle all three! Ashley: Today’s rookie reply is about capacity, the debt you take on, the time you can actually give a property, and the cash required to finish the plan after closing. Tony: We have an investor weighing a DSER loan fine print, a rookie asking whether real estate fits beside a demanding day job, and an owne...
Buy More Rentals Faster With DSCR Loans (No W-2 Needed) (Rookie Reply)
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