All Forum Posts by: Coltin Diehl

Hello!

I currently have a house purchased with a DSCR loan and 30% down. The house has renters until 03/24. Once the renters are gone I would like to brrrr the property. How do I go about the lending to fund my construction costs? Any specific loans I should be looking for? Note, there won't be enough equity in the property to Helock.

Thank you, 

Hello Daniel,

I would look towards the midwest! Property values are some of the lowest- reducing barrier of entry and creating higher margin to produce cashflow. Property values are also steady but appreciable and rents are competitive. THEY CASH FLOW GREAT! I have had the privilege to grow up in the Kansas City market and the past 5 years have seen expansion like never before. Midwestern cities are the next opportunity to "Get in early", so don't miss out. I'd be happy to help you in the Kansas & Missouri areas!