That can be done DSCR or conventional but it just depends on the exact details of your deal. 

Networking and securing the right financing will be key to getting that first deal done.

If you are honest and transparent with homeowners, you'll find a consistent pipeline of deals. 

If you're willing to do some work in finding tenants, you can get a better deal on the property.

But I want to know that the actual property manager is communicative, can deal with curveballs from tenants, can stay on top of CMHA, etc.

Not a big sub to fan and definitley not a fan of people trying to wholesale deals off of the MLS.

It's a super affordable real estate market where you can still find deals that hit the 1% rule and positive cash flow/great cap rates.

You can find some 2 units under or around $250K but they have been sitting on the market for over 150 days which tells you its not a great deal if it were an investor woud have already purchased it 4 month ago.  

These are three phases in the buying process where the buyer could walk away from the deal.

Wondering what the process looks like for getting a conventional loan for an out-of-state deal.