All Forum Posts by: River Sava

Hey Marshall - A rehab and refi could be a great approach here, especially if you’re looking to increase the property’s value before holding it long-term. Given your strong credit, rental experience, and the equity in your existing properties, you’d likely have some solid options. 

Sent you a dm as well to connect!

Hi Suzette- 

The impact of a new president on the real estate market usually depends on the policies they prioritize…especially regarding housing, taxes, and interest rates. If the new administration focuses on boosting housing supply or implementing tax incentives for real estate, we might see positive opportunities.

On the flip side, tighter regulations or changes in interest rates could shift market dynamics. Keeping an eye on upcoming policies will help spot where those opportunities may lie.

Welcome to BP, Dan! 

Happy to connect with you. What types of strategies are you interested in?

Congrats Griffin! 

Hey Eli –

Given your situation, DSCR loans could be a solid path, especially if you're aiming to expand your portfolio. Down payments on DSCR purchases can be as low as 15% right now, and as you noted, they don't impact your DTI. Happy to connect!

Welcome back, Brian!

I suggest looking into the outskirts of CLT as well. Happy to connect and good luck as you just back in. 

Hey Bree, welcome! 

For your first BRRRR, plan for extra in your rehab budget—unexpected costs happen. As for refinancing, have you looked into DSCR loans? I'll include a BP article below that highlihgts the gist of them in alignment with BRRRRs.

Also, I lived in NC for a bit, so happy to connect and introduce you to some folks in the area. 

https://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...

Welcome Dylan!

Hey Gene – When dealing with rural properties, lenders often adjust their LTV requirements, as these areas are seen as having different risk factors. Since your property is in a neighborhood near a regional hospital, some lenders might still consider it rural due to local population metrics (likely will depend on the appraisal). Sending you a dm to connect!