DSCR Loans: The Shocking Truth About Qualifying Without Income—and Why It Could Make or Break Your Next Investment Deal
Tony:
Is it the equity growth? Is it the tax benefits? Is it the cashflow? Because from what I’m seeing, you’ve got a really good financial profile in terms of your income. So do you need the cashflow or do you want the cashflow that these properties are going to produce or are you trying to accelerate your ability to go part-time at work or something like that? Or is this more of a long-term place that whenever you do finish your very high income producing career, you’ve got a large portfolio of properties that are paid off that pays you well every single month? Because with 300 k, I mean even if you bought one property every two years in California or New York or whatever it may be, put ’em on 15 year fixed mortgages in another 30 years, you’re going to be pretty well off because you’ll have paid off properties that have probably appreciated pretty well over time as well.
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