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All Forum Posts by: Keenan M.

Keenan M. has started 1 posts and replied 5 times.

Quote from @Travis Turner:

Hey there! Happy to help in the Lubbock market. I am an agent here, however i also invest in property myself, and run a property management company. So we pretty much can do everything from start to finish. Feel free to give me a message, we can connect! 


 Thanks Travis! Hope to connect, very interested in the Lubbock area!

Quote from @James Wilcox:
Quote from @Keenan M.:

Hey all! 

My name is Keenan, I am a college student new to the REI space looking to venture into my first investment property (duplex or SFH) in the next year. I have no pay stubs/proof of income but I do have a very good credit score and 50-75k for a down payment. After some research, I'm thinking a DSCR loan is the best option for me.

As for the area(s) I am interested in: I am not entirely sure. I do not live in the continental U.S, so any investment would be OOS for me. As a current college student, I am very interested in the market(s) near big universities in smaller college towns. A few that have caught my eye are: Lubbock, TX (Texas Tech) // Lexington, KY (UofKentucky) // Athens, GA (UGA). I am not entirely committed to this demographic, however it is the most interesting to me. 

Any advice or guidance is greatly appreciated as I begin learning more about the great opportunities that lie in the REI space!!

Choose the location where you can assemble the best team. College towns naturally attract students who may become applicants for your rentals anyway. While true student rentals typically operate on a per-bedroom basis, your lender might not favor this approach. Alternatively, consider furnished rentals, particularly for students in medical programs or those undergoing residencies. Although IDK how DSCR lenders would perceive this strategy, but it does align more closely with long-term rentals and several still do STR properties. If you require assistance in Lexington, that's my expertise, and furnished rentals are consistently sought after here.


 Thanks, James - I would love to connect! Your knowledge of the Lexington area would be a great help. 

Quote from @Erik Estrada:

Happy to connect!


 Thanks Erik, I have sent you a PM. Looking forward to talking!

Quote from @Robin Simon:
Quote from @Keenan M.:

Hey all! 

My name is Keenan, I am a college student new to the REI space looking to venture into my first investment property (duplex or SFH) in the next year. I have no pay stubs/proof of income but I do have a very good credit score and 50-75k for a down payment. After some research, I'm thinking a DSCR loan is the best option for me.

As for the area(s) I am interested in: I am not entirely sure. I do not live in the continental U.S, so any investment would be OOS for me. As a current college student, I am very interested in the market(s) near big universities in smaller college towns. A few that have caught my eye are: Lubbock, TX (Texas Tech) // Lexington, KY (UofKentucky) // Athens, GA (UGA). I am not entirely committed to this demographic, however it is the most interesting to me. 

Any advice or guidance is greatly appreciated as I begin learning more about the great opportunities that lie in the REI space!!


This sounds like a good plan - sticking to the duplex or SFH for students is good too since most DSCR Lenders generally stay away from "student housing" but if you are looking to purchase a rental property that can easily be utilized to rent to any tenant (adult, family etc) including students, you should be OK


Thanks for the response, Robin! I did not know that most DSCR lenders don't prefer a business model aimed towards student renters. I'll definitely keep that in mind as I go about my research.

Hey all! 

My name is Keenan, I am a college student new to the REI space looking to venture into my first investment property (duplex or SFH) in the next year. I have no pay stubs/proof of income but I do have a very good credit score and 50-75k for a down payment. After some research, I'm thinking a DSCR loan is the best option for me.

As for the area(s) I am interested in: I am not entirely sure. I do not live in the continental U.S, so any investment would be OOS for me. As a current college student, I am very interested in the market(s) near big universities in smaller college towns. A few that have caught my eye are: Lubbock, TX (Texas Tech) // Lexington, KY (UofKentucky) // Athens, GA (UGA). I am not entirely committed to this demographic, however it is the most interesting to me. 

Any advice or guidance is greatly appreciated as I begin learning more about the great opportunities that lie in the REI space!!