We are offering you a No Doc Loan without any income verification for 6.5%.

Focus on areas with good schools and infrastructure for reliable tenants.

Wholesale, foreclosure, and seller financing can work too, but I’ve noticed that careful analysis and having reliable local contacts often deliver the best results over time.So as you two gear up for your first flip, how are you balancing the potential risk with your long-term goal of buying rentals?

These tend to attract more reliable tenants, and the properties generally require less maintenance.

One challenge was coordinating rehab work within tight timelines to minimize holding costs, but we navigated it by hiring a reliable contractor.

I had to have Anderson re-do one of my LLC's from the other guys to save me money in annual state fees ..I look at it this way, as long as my business/investment income covers the costs I don't have a problem paying for reliable - worry free information and work.

I don't try to evict based on neighbor complaints as those aren't super reliable and the people likely won't show up to court. 

But I’d say the key to success is building a reliable team on the ground.

But success depends on choosing the right cities and building an experienced and reliable local team.

DSCR loans let you qualify based on the rental income of the property rather than traditional income verification.