Recently I had a conversation with a friend and real estate agent who wanted to purchase a home.At the time, they were looking for an agent to represent their family on the transaction.

I am looking into more cost friendly options as I am paying for a registered agent service. 

. - PRO TIP: many builders lose their license then create new company in name of wife or other relative/friend.2) Check Better Business Bureau, but don't assume all the complaints are legit. - If there area MANY, then that is a problem.

You could look for a PML (friends or family and offer to pay them interest but lower than what the HELOC is). 

@Yixuan Du I would recommend going to local Real Estate Investor meet ups in your market to meet like minded individuals like yourself who have already done what you want to do.

We would love an air bnb there to visit family and friends though! 

I am not sure the Tenant is so friendly, my property manager deals with them.If you have a PM, they should answer this question for you and handle the process.You should notify the PM and update your PM Agreement, W-9, banking information, etc.

Commercial PML will do the same, they'll have the credit and b.g. inquiry.You mean a true Private Individual with capital for lending? 

And do not trust Charissa Napoles as an investor friendly realtor. 

Like Brandon mentioned - you sound like the picture perfect classic "DSCR Loan" borrower - dscr loans are made for exactly this typically - LLC friendly and usually the best fit for when investors hit the 5 or so property mark and hit a roadblock with banks, cash etc like you desribed.Check out this 12-part article series published here on BP on all about DSCR Loans, hope it helps!