It's just one size doesn't fit all. 

Low down payment is a significant part of your criteria, Michael, and it obviously fits your personal needs, wants, financial position, goals….But for myself, for instance, ability to pay a low dp is of absolutely no importance.  

This lets you reinvest proceeds into a property that better fits your long-term goals without the pressure of higher mortgage payments.Hope this helps.

My wife and I own a fitness studio just outside of Toronto, ON.

New construction could be a good fit if you’re looking for something hands-off.

DSCR Loans in second position is not a thing - you might find a DSCR Lender that have other products that fit this need, like a Closed End Second or HELOC, but they aren't really "DSCR Loans" - I think you are likely looking for a CES (it is true however that you are correct in looking at the same place though, most of the lenders offering this on rentals are also DSCR Lenders)

Think you might be a great fit?

Hi! I really need some help from my fellow seasoned salespersons. My goal is to become an investor of multifamily properties. I am looking to buy my first four-plex within the year. I recently got licensed for the ben...

If the rents are equal to that or greater its fits under a standard DSCR 1 to 1 ratio or 1.00%.Example $280K purchase 20% down $224K loan at 6.99% $1,488.77 P&I.

Be wary of high spend/volume minimums if that doesn't fit your needs.