If you’re scaling rentals this year, what’s your biggest challenge?

Question

Samuel Coronado · Answer

Last minute lender changes are getting me. I was getting one for 85% cash out that then changed to 75% cash out. It drastically changed the game so I wound up selling the house instead. Wanted to avoid the taxable event, but it makes more sense to sell and buy two more houses than just keep the one.

Credit is slowly tightening, so that's something to watch out for as it will have a negative impact on prices later. But it's all part of the game. Soon it will turn and then we'll be off to the races again.

Blake Ferguson · Answer

I've been using a combination of a line of credit and dscr loans. Even now I'm getting decent rates for investment properties that aren't much more than what owner-occupant borrowers are getting.

Denise Supplee · Answer

I’ve been seeing that too, financing these days definitely takes more creativity. It’s all about stacking the right mix for your cash flow and goals. The investors who stay flexible seem to keep finding deals no matter what the market throws at them.

If you’re scaling rentals this year, what’s your biggest challenge?

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