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Hey Beau, I’ve been investing in real estate for several years. I focus on acquiring properties that are close to hospitals. I place traveling nurses and medical staff in them. These are furnished rentals. We typically see 2x the normal long-term rents. I can’t finance these conventionally. DSCR loans sometimes don’t allow me to go to the max leverage possible.
Most of these acquisitions are light cosmetic fixers that I put $10 to $30k into plus furnishings.
How would you recommend financing the acquisitions to keep the out-of-pocket costs at a minimum?
Thanks,
Carl