I have no W-2 income and have been advised to consider DSCR no-ratio loans, but current rates are in the low 9% range, which seems high.

Smaller manufacturers and CR support contractors are stinging.

We could target homes more in the $300k - $325k range. 

A HELOC is going to be in a similar range for a primary, but offer a longer term.If your plan is to pay off the line in the near future with a refinance, I would not be too considered with term length or rate.

You can get some great cash flowing duplexes for that price range in Dayton, Ohio. 

Stick with Mortgage note syndication returns of 9-12 range out of the gate and enjoy the annuity.  

Well I wanted to buy a home and that was the only thing I found within my price range How did you find this deal and how did you negotiate it?

Our rates are in the 7% range for 20% down though.

@Shiwei Qu- thanks ...there are many great opportunities  in OH  due to the price ranges and demand froms renters ....its best to try to have some representation  or  assisztance  in whatever areas that you buy in  ( relator / property manager / insurance agent / contractors etc ..) 

Market OverviewThe Los Angeles warehouse/distribution market is comprised of 476.3 million square feet in eight geographic concentrations ranging in size from the 128.0 million square foot Mid-Cities submarket to the San Fernando Valley West submarket, which accounts for 6.6 million square feet.