If you’re looking to finance a rental purchase, a DSCR loan could be an option, as it focuses more on the property's income rather than your personal credit score.In the meantime, you can get your current property rent ready while also working on improving your credit.

Wish we had done more market research before renting the 1st floor apartment to friends of ours.

Low barrier of entry, landlord friendly and you can find deals that cashflowI agree with @Patrick Drury about Columbus.

Feel free to PM me if you'd like to talk options.

As far as I understand, as I am living in it, I was able to get cheaper down payment options.

@Bradley Buxton makes a very good point to make sure to do your due diligence as you won't be an owner occupant like your in-laws.Last bit of advice: Because this is a friendly deal, you want to take your time to make sure you structure it in a way that maximizes tax and cashflow benefits for both parties. 

I'm a lender and can help answer questions if you want to discuss options. 

We're based in Calgary, where there’s a lot of pre-construction happening, and we’re aiming to buy a pre-con property as our primary residence.As a first-time homebuyer, I’m weighing two options: 1.

Any advice appreciated.Most investors typically hit a road block at some point where conventional is no longer an option due to DTI, etc.

He told me about LLPAs and presented me with a lot of option related to them.