Quote from @Arshiya Taami: Quote from @Brandon Croucier: You have 600,000 problems.Bridge lenders (HML) Want low LTV (65% Max Typically). 

So I had a windfall and can sort of "semi retire" with a part time low stress job. 

but a pre  meditated scam or ponzi..

Could be legit, up to you on whether you want that low of interest rate for owner finance.

I know Virginia Beach is attractive but that average price for Alexandria strikes me as rather low.

There is a book in the library called "Low (and no) Money Down" that discusses the various methods of financing purchases.

I do low ball don't get me wrong. 

I would highly recommend doing a renovation loan like the 203k or homestyle - you are able to leverage SO MUCH CASH for such a low down payment. 

People focus on the rates because they are a singular number and easy to understand but you can lose money on a rental at a low interest rate and get rich paying a high interest rate.

Main benefits to this strategy include:- Low down payment options (as low as 3-5%)- Acquisition experience- Property management experienceThe NYC metro area has nearly 2,000 available 2-4 unit listings on the market.Other new investors consider the BRRRR Strategy.All the best to you on your journey!