All Forum Posts by: Drago Stanimirovic

Great job on the DSCR deal and strong cash flow. For your next down payment, a HELOC on your primary or rental is the smartest move, flexible, fast, and you avoid resetting a low-rate mortgage. Cash-out refi works too but usually costs more and takes longer.

Welcome to the game, Karl! Starting in Austin is a smart move it's a competitive but opportunity-rich market, especially for STR (short-term rentals) and MTR (mid-term rentals) given the city's steady tourism, tech growth, and transient population.

If you're aiming to buy by year's end, now's the time to get familiar with lending options, local regs (especially for STRs), and running ROI numbers. Also, wholesaling can be a great low-capital way to build deal flow and market knowledge while prepping for your first buy.

Happy to connect and help you break into the Austin market! 

Hi Hardik, I have sent you a DM. Would be happy to help!

Erika, you're in a tough but common spot with fix-and-flips in HOA-restricted properties.

Since a DSCR loan is off the table due to the rental restriction, and you don't want to refi under your personal name, your best option is likely a short-term bridge loan under your LLC. This would buy you more time to hold and sell without rushing into a bad deal or using personal credit. Some lenders offer 12–18 month interest-only bridge loans that can refinance your current fix & flip loan and give you breathing room.

A 203k loan likely won’t work here unless you plan to move into the property as your primary residence, it’s an owner-occupant loan, not designed for rental rehabs. Since you're already in the hole financially, and the property is in an appreciating area with a 3% mortgage, selling might feel like a reset, but it could mean losing long-term upside and locking yourself out of that low rate.

Instead, you could look into a DSCR cash-out refinance or possibly a rental rehab loan. That way, you wrap the reno costs into a new loan, get the property back on the market, and preserve ownership while stabilizing your finances.

I can definitely help. Call or DM me anytime. 

Great find, Abigail, and congrats on stepping into your first fix and rental project.

If the house is truly a total gut and you're being advised to offer $30K, the smart move is to preserve as much of your $100K cash as possible. You could use $30K–$40K for the purchase and then finance the renovation with a fix-and-hold loan. That way, you keep cash reserves for surprises, and once the rehab is done and the property is rented, you can refinance into a DSCR loan to hold it long-term.

Welcome, Jason you're in a strong position to make the jump.

Using a HELOC to leverage equity for multifamily rentals is a smart move, especially in markets like Chattanooga and Huntsville with solid rental demand. With your flipping background, you're ahead of the curve, it's just about learning the landlord side now, and that comes quickly once you're in it.

Are you aiming for long-term holds or building toward a portfolio to refinance and scale?

Congrats on your new deal, Elvin!

For an investor-savvy team in Jacksonville, local meetups and REI groups are your best bet for finding a realtor who actually invests, plus trusted contractors and CPAs.

Are you planning to flip or hold this property?

Welcome, Everton great to have you here.

With your licensing background, you’re well-positioned to dive into syndications. Low-income housing is a smart niche with strong long-term demand.

Are you and your partners targeting specific neighborhoods in Chicago for your low-income housing investments?