I started with nothing and aggressively saved for almost a year until I had 10k for a downpayment on a cheap house.Step 2: Join online platforms like BiggerPockets, Eventbrite, Meetup, and Facebook groups to connect with investors and get an idea of what kind of properties to look for as investments.Step 3: Use Zillow to find agents and communicate what you’re looking for.Step 4: Analyze at least 5 properties a day in your target market for six months to understand what it would take for you to make positive cashflow.Step 5 Get pre approved from a bank.

Properties must align with the investor's objectives, facilitating purchase, renovation, and eventual sale with a favorable return on investment.The pre-approval process varies among lenders but typically involves assembling financial documents, company records, member identifications, and the purchase contract.

Find an agent that can help you find properties that you're looking for, they should introduce you to a lender that can get you pre-approved for a loan, if you can/learn to manage the property or get introduced to property managers, always ask about different contractors that you can use for different things like electric, plumbing, HVAC, kitchen/bathroom remodels.

We accept viewings from anyone that is pre-approved (self-identifies as meeting our criteria, this should NOT include income as it is a Fair Housing violation.3.

You don’t need to fill your summer vacation calendar in April since the guest audience is no longer planning well in advance that is more characteristic of the pre Covid era.  

Definitely sounds like getting pre approved would be a great idea to get a ballpark range of what you would be able to do.

The longer the pre-payment penalty you select, the better your rate will be.

With pre-assembled you could have all the furniture place in a single day.

I am not going to go with a traditional bank at this time with all the hassles that come with them so hoping to find some insight on "TheLender" or any other lending group that allows 20% down as a DCSR loan on a STR, SFR in MN which happens to be a no pre payment penalty not allowed state.

It's worth noting that I am currently on Unit 14 of 28 in the pre-licensing course.