If loan balance is $300k and it's worth $400k and an equity partner puts $40k to bring it current then they have about 40% of equity in the property - now they would not take straight $40k as probably more costs involved.

There will be an auction in a couple of weeks of properties located throughout Monroe County and I want to take part.

On the journey, I once sold properties that were 30 minutes away as being too far, and also managed some properties that were 200 miles away. 

What type of properties are you seeking, SFR, 2-4 MF, or 5+ MF?

But while I had my properties in section 8 it was generally fine.Like any, if you show respect to the property and tenants, they will typically show respect to you and the property. 

Quote from @David Cherkowsky: Hi All,I purchased an investment property in the middle of last year and to this point have been using 0.75*lease value in my DTI calculation.

Green for low and red for high property values.

And also not an LLC that's made an election to be treated as a ""C" or "S" corporation.One problem is, you can't get the property out of the corporation without triggering gains if it's appreciated.

One option is to find a co-signer with W-2 income to help qualify, or you could explore DSCR loans, which focus on the property’s income rather than your personal income.

What type of properties are you seeking, SFR, 2-4 MF, or 5+ MF?