For DSCR lenders, Is the commonly quoted 3-4 year wait after discharge universal or lender specific?

With that said, I am wondering if I should wait about a year and a half, build my W-2 income (I've been working part-time while in school), and purchase my first multi-family property with a conventional loan.

Long story short, I own my house and am waiting for my neighbor's mortgage company to fix their deed of trust so I can take out a cash-out refinance.

I am currently saving up for a down payment by flipping storage units, saving personal money, and doing other types of jobs to pad the savings.Looking forward to being a member here and can't wait to contribute/research/talk.

So the win is minimizing taxes legally, not eliminating them.

If she will be arriving soon, you can wait and hold the unit for her to inspect it and the neighborhood, but do not commit without an in-person meet.

Last year it grossed about $950k — not $1.5M — but we believe revenue can climb because: delivery/pickup was underbuilt (we’re using owner.com to rebuild the web/app funnel and improve online presentation),we’re using Uber drivers for a ~15-mile delivery radius,alcohol sales were only 1–3% previously because there wasn’t a real bar setup (and minimal visibility that alcohol was even a thing),the new location has a better guest experience + outdoor seating.  

Curious how others are finding deals right now—direct outreach, brokers, banks, or just waiting it out?

With your current portfolio producing 20%+ ROI and minimal time commitment, the real hurdle may not be finding 15% — it may be maintaining your underwriting standards in a different rate environment. 15%+ returns tend to cluster in one of three buckets: higher operational intensity (value-add / active flips), higher risk (distressed debt, heavy rehab, thinner markets), or asymmetric structures (preferred equity, structured lending with downside protection). 

Once you have some experience in RE investing, invest where the total return is greatest.By the way I have spent significant effort in the past to minimize cash flow (the interest rates rising in 2022 has temporarily put a hurdle on this).