No down payment means you invest for nothing, take advantage of principal paydown and tax advantages and maximize your BAH to do so.

Aiming for conventional and not a DSCR loan due to costs and the higher down payment requirement for the latter.With that said, I'm curious to hear your take on what the most cost-effective & efficient approach would be to source a down payment.

It is the easiest barrier to entry (best Interest rate and low down payment req).

First I got preapproved (I know... another lender saying to get preapproved) of course it was important to my realtor and offer, but more important it gave me insight into what I could expect for cash needed, payments, etc. 

@Brandon MorganTo buy your second property sooner, consider conventional loans with a 5-20% down payment, house hacking with an ADU, Home Equity Line of Credit, or cash-out refinance.

If you can't find it call the housing authority and ask them what the payment standards are for the bedroom count you are looking for.

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

That's exactly what I'm saying, pay off your entire balance before the statement closes (option 1), not on the actual payment due date (option 2)                                                              Option 1               Option 2Prior statement balance on Nov 1             $0               $5,000New charge on Nov 5                         $10,000             $10,000Paid on due date Nov 10                             $0              -$5,000Paid on closing date Nov 30             -$10,000                      $0Statement Balance on Nov 30                    $0              $10,000The ultimate goal is not to pay off your statement balance in full each month. 

If I need any of them to do anything extra for me, I just work out a payment for that one thing and pay them by action.

And oftentimes they don’t make rent payments and hold you hostage to advance construction draws in order for them to give you back your own money as rent.