How do you fund your first deal?

[Jameson Hooton]

Hiya!  I'm still new, haven't done any deals except buying my house (that I'm living in) and I'm a bit confused about how you get funding for your very first deal.  From what I understand, banks don't loan to investors who don't have two years of real estate management experience (which you can't get until after you've done your first deal) and won't count the rental income towards your debt to income ratio.  Is this correct?  

So, what are the options for first time investors?  Move into the new place for a year so that you can get a loan as your primary residence and rent out your old place?  But will the bank count the rental income from your old place towards your income?

Hard money?  Private lenders?  Sure.  But if you want to refinance out of those, do the same loan requirements apply?

I'm very interested in trying to do a BRRRR deal - I'm just not sure what to do to make that first deal happen.

How did you do it?  I'd love to hear your thoughts and advice!  Thank you in advance!