Needing help as a New investor
Hey guys my name is Hayden Saldana, and last year I bought my first property for 15,000 and I fully remodeled it from top to bottom. Currently it is my primary residence and I haven’t gotten it appraised yet and it’s 100% paid off. Well it’s the only asset I have at the moment and I was wanting to get into real estate and I’m willing to sacrifice a little right now so I can get my rental business rolling. My house only appraises for $32,000 but that’s because they have the property listed as a junker. I was just wondering what the best way to get my cash back out of the house. I’m interested in a dscr loan but I don’t know where to start. Is there anyone who can help me get started? I am willing to rent out this property and move into an apartment for a while and work on growing my portfolio. Any help would be much appreciated