Most non-qm loan products will never have a 95% LTV due to the inherent risks associated with these type of loans not being traditionally backed by fannie or freddie (investment banks).

You're learning about the eviction process, tenant screening (never "word of mouth" again), the power of a lease WHEN not IF a neutral third party needs to be involved, tenant/landlord laws, and managing tenants who don't care about your business the way you do. 

My name is Nico Banuelos, and I've been actively involved in real estate since 2021.

Thanks in advance,Rookie You’re going to struggle to find cash flow anywhere in the dmv, you would really be buying for appreciation only, both for ease and some upside, I’d look at some condos in dc, definitely some risk, but you can pick up a condo at a price you would have paid a decade ago. 

You will pay for the higher risk with higher rates and origination fees but if the deal makes sense then congrats.

It looks like a great idea on the surface but the numbers don't stack up from a risk/return point of view as far as I'm concerned (it could be different for you depending on your return expectations).

Margins seem low and the risk seems high.

Caution:  Personal credit card financing is a huge risk and good luck finding 0 percent interest today.

As Sean above alluded to- never pay a seller for your future hard work, risk and stress. 

This level of scrutiny drastically reduces the risk of renting to unreliable tenants.Realtors vs.