Types of lending

[Dave Harlan]

I've done 1 flip project with a partner. I'm now wanting to get some rental properties started. What all types of loans, etc are available to do this. I've research some ways just wondering if I've missed any or what people think are the best ways. I'm kinda leaning towards hard money, so also looking for good reputable places for that also. 

[Andrew Zamboroski]

Quote from @Dave Harlan:

Quote from @Chris Seveney:

Quote from @Dave Harlan:

I've done 1 flip project with a partner. I'm now wanting to get some rental properties started. What all types of loans, etc are available to do this. I've research some ways just wondering if I've missed any or what people think are the best ways. I'm kinda leaning towards hard money, so also looking for good reputable places for that also. 

You can do a DSCR loan which is more focused on the specific property and does not impact your DTI, you can also get a traditional investment loan that is impacting your DTI.

With the DSCR loan you have to be living in it after the renovation don't you?

It is actually the opposite, you may not occupy the property.