New To Bigger Pockets/DSCR Loan question
On the recommendation of a friend/client I recently joined the Bigger Pockets Community and am working on expanding my network. I have 20 years' experience in lending and love to chat with people about experiences they’ve had...good and bad (and yes Ugly) ...which helps me do a better job for my clients. One thing I have learned is to be ready for anything when working in real estate and the more you talk with people the more you understand!
Occasionally I may post a topic on here to strike up a conversation. I hope you don't mind.
Over the past 6 months I have been deep diving into the world of DSCR financing, utilizing either short- or long-term rental income. What is the biggest problem or concern you have (or had) with this type of financing?
Nice to meet all of you!