@Chris Hutchens based on previous comments it looks that you're looking to acquire long term rentals.

Dominic Kosteris worked two jobs and lived with his parents before buying his first home in 1996.In 1997, he acquired his first investment property and started earning rental income.

Yep, there a plenty of ways to acquire real estate without getting a bank loan or paying all cash!

You could consider REITS, Private Placement Deals, Hard Money Lending, Syndications, etc. and invest passively, or continue acquiring hard assets that come with heavier time expenditures.  

I would advise to use a short term hard money loan, acquire it quickly, rehab it, and refinance into a long term DSCR loan. 

There will be more competition when they inevitably come closer to 5%, so acquiring properties with assumably negotiable prices could be a massive hidden gem for you though the APR sounds scary!

The lender will need to send an appraisal out to see what the estimated ARV (after repair value), in order to make sure that the ARV is above the cost acquired for that house + land.

It does seem like a good way to acquire more properties but how do they pay out as far as cashflow when you get say, 20 or so.

I'm often presented with opportunities to acquire investment condos in Orlando, Miami, and other popular Florida cities.I always decline.Read the article below to understand better why "condo" and "Florida" are now a particularly bad combination!

My wife and I were in the same situation end of 2022 where we were looking to acquire our first rental but also wanted to upgrade the primary residence.