This is my first time going non conventional.

You can find a rental property and secure it via conventional loan or dscr, either way both you’ll need around 20%, and let it do its thing until you get back stateside.

Whether you're looking to start a new business, relocate for a job, or simply find a new community to call home, Kansas City offers a promising and welcoming environment.I'd be happy to connect and share our market details and available inventory.

To buy a multifamily property without a large down payment, explore financing options like FHA loans, VA loans, and conventional loans.

However, the substantial price increases and lack of inventory have lead me to start buying tax deeds, which Georgia is a penalty state offering a 20% (non-prorated) premium. 

Are those rates for FHA or Conventional?

@Corbyn R Tower In terms of obtaining a conventional mortgage for REI you will likely not be able to do so under your LLC.

If you are going conventional, they will need 2 years of tax returns, no way around it.We will use your "net income" after all deductions for 2022+2023 and divide over 24 months.

I started adding up the interest payments if this property didn't sell and trying to refinance it to a conventional loan to rent it out (my exit strategy if the flip didn't sell).

Perhaps the conventional 5% down, but since I am self-employed and write everything off, I am being told that I would still need to put down 20% and provide a year's worth of bank statements to satisfy the underwriter.My question for the community is: does anyone have any ideas on how I might structure my first deal to acquire property number one?