I have gotten a few loans through Kiavi.

., the appraisal for 5+ is at least $2k-$3k) and the financing structure by lenders because Fannie/Freddie don't generally buy loans for commercial properties.So, for you personally, the biggest driver for the type of your next property is probably going to be the amount of a down payment/equity you can put in the property.

Depreciation Benefits via Leverage: While you can't claim depreciation personally on IRA-owned real estate, SDIRAs can use non-recourse loans to purchase property.

DCSR Loan

Non conventional just means the loan will not be sold to Fannie/Freddie so they do not have to follow those rules.

Get a 0-5% down loan and do it again in TN.

Most non-FHA loans will require at least 15% down but you'll have to have amazing credit.

@Jordyn Ohsnot enough info to helpbut if you're using a HELOC for the down payment AND getting a loan, then you're probably negative cash flow given that's 100% leveragei would never do that unless i were going to refinance in the short term

Here's a breakdown on loan options to consider:FHA Loan: @Brittany Minocchi is right in looking at FHA option.  

Several have mentioned utilizing low down payment second home loans for qualifying.