Updated 13 days ago on . Most recent reply
Creative financing for an investment property
Im looking to buy a 10 acre property with a newer manufactured home on it. Im planning on adding ADUs and renting them out. The homes value is estimated 400-450k. I have been employed for a year and make around 100k a year from my job. I also have a rental property that generates 2600 a month (gross) for the last 4 years. Im wondering how can i get creative with financing with my rental income and my w2 job combined? Would a DSCR loan be the best route? Any advice is greatly appreciated!