Cash money, seasoned in a bank account, plus the ability to qualify for a loan - credit history, job length, etc...

It is the delay in getting financing in a timely manner so that I may begin my rehab on my fix and flip that is making me feel not very confident in their ability to deliver.

Faith in their ability to create an air tight title policy has him geniunely concerned and so we move on. 

My thought ahead of time was similar to you “I want to try these” - thinking I could self install islands of carpet in bedrooms myself and have the ability to patch if needed between tenants.

The ability to go to college on an Esports scholarship is a great opportunity, Congratulations to you and your son!

Hi Eric, You're right it would depend on your debt to income ratio, but buying 1 investment property shouldn't affect your ability to get a second conventional mortgage in this timeframe.

Purchase price: $258,000 Cash invested: $50,000 Purchased this 2 bed 2 bath, 1250 sqft home with a .75 acre lot, this was a good BRRRR property, it has the ability for an ADU/Granny Flat on the right side of the property.

Quote from @Faaz Hafid: There are many versions, but I checked this one: https://crimegrade.org/violent-crime-pittsfield-ma/Crime affects your ability to find quality renters.

Purchase price: $258,000 Cash invested: $50,000 Purchased this 2 bed 2 bath, 1250 sqft home with a .75 acre lot, this was a good BRRRR property, it has the ability for an ADU/Granny Flat on the right side of the property.

Other factors to consider are what you plans are for the future (value add rehab, restructuring, selling the property soon, etc) and whether or not there are any events on your personal horizon that may impact your ability to refi later.