If you can't qualify for a Heloc, maybe you will not be able to get financing for the apartment purchase.

The buyer can obtain a property with no mortgage qualifying and or a lower than current interest rate, or on terms not readily available otherwise.  

If these groups are significant, it suggests there’s pent-up demand that could enter the market when one of two things happen:Rates Drop - Rates fall to levels that allow more buyers to qualify for the homes they want.Buyer Expectations Shift - Buyers realize that 5% rates aren’t coming back soon and decide to move forward.Based on the increase in activity I saw in Sept and Oct in my business, when rates hit low 6s, I'd say my market has plenty of pent-up demand. 

There is a reason we lenders require "skin in the game" and experience.

As long as the property generates enough cash flow, you may qualify based on the asset alone.Another route is to explore portfolio loans from local banks or credit unions.

And my retirement number isn't 99% of the boards.

I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

One of the board members was there and is looking to retire, We hit it off and he opened up his 30+ property portfolio to me to choose from.

It's great if you qualify, it has many benefits.

On the south side, my credit score requirement is 600 and will qualify people who make 2.5x monthly rent.