Looking for best options for growth

[Spencer Turner Jr]

Hello, newbie here.  I've recently been following BP podcasts and decided to participate here.  I own a single family home that I've fully paid for.  It is currently being made ready for LTR.  My credit score is 590 (working on that after a divorce), and I'm self employed for the last 10+ years.  How can I best leverage the property that I own to purchase more rentals?

[John Chong]

@Spencer Turner Jr A DSCR loan might be a good option for you since you're self employed. Minimum FICO score is 620, and its an asset based loan. You'll be able to do a cash out refi to purchase another rental.