New Member Introduction 🤗

[Jennifer Andrews]

👋 Hi everyone! My name’s Jennifer. I’m based in Texas and currently own two rental properties. I’m gearing up to dive deeper into real estate using the BRRRR method and also exploring DSCR loans for long-term portfolio growth. 🌎 While I’m based in Texas, I’m open to investing in Houston and the surrounding suburbs, with a focus on cash-flowing properties that can support strong long-term returns. 💫 My goals with BiggerPockets are to build my network, learn from experienced investors, and lock in my first successful BRRRR within the next 6–8 months. Long term, I’m aiming to scale into a portfolio that generates consistent cash flow and positions me for financial freedom. 🏠 I first got interested in real estate a few years ago when I bought my first property in cash and saw how rental income could truly change the financial picture. That sparked the idea of using leverage and strategy to grow. ❓ My first question for the community: For those of you who have used DSCR loans or hard money lenders in your BRRRR deals, what’s been your biggest lesson learned (good or bad) when structuring the financing?

[Dillan Cooper]

Quote from @Jennifer Andrews:

👋 Hi everyone! My name’s Jennifer. I’m based in Texas and currently own two rental properties. I’m gearing up to dive deeper into real estate using the BRRRR method and also exploring DSCR loans for long-term portfolio growth. 🌎 While I’m based in Texas, I’m open to investing in Houston and the surrounding suburbs, with a focus on cash-flowing properties that can support strong long-term returns. 💫 My goals with BiggerPockets are to build my network, learn from experienced investors, and lock in my first successful BRRRR within the next 6–8 months. Long term, I’m aiming to scale into a portfolio that generates consistent cash flow and positions me for financial freedom. 🏠 I first got interested in real estate a few years ago when I bought my first property in cash and saw how rental income could truly change the financial picture. That sparked the idea of using leverage and strategy to grow. ❓ My first question for the community: For those of you who have used DSCR loans or hard money lenders in your BRRRR deals, what’s been your biggest lesson learned (good or bad) when structuring the financing?

Welcome @Jennifer Andrews! Similarly, I recently joined the community, and have learned so much, so fast!

I'm newer to the investment side as an agent, but I've been digging into DSCR and hard money financing since a lot of my investor clients use those tools in BRRRR strategies. What I've picked up so far is that the biggest win with DSCR loans is simplicity and scalability—as long as the property cash flows, you don't have to jump through as many hoops personally. The flip side is you really have to watch for prepayment penalties and make sure the DSCR requirement isn't too tight for the deal.

With hard money, speed is obviously the advantage, but the lesson I keep hearing from experienced investors is to pad both your rehab timeline and your refinance assumptions. If the ARV appraisal comes in lower than expected, or if rates move against you, it can eat into equity fast.

As I’m learning, the investors who do the best are the ones who keep multiple lending relationships, stress-test their numbers, and plan their exit financing BEFORE they close.

Hope I was any help!