They are basically the same as applicant number one except there is an opportunity for them to make more money with the second person if they chose to work which means higher probability you will get paid on time. 

There are still people who are either young or fairly unsophisticated with money and choose to not use credit.

Ultimately you can only hold it down so far and the government will eventually get their money. 

You’re now paying a higher mortgage on a property that is not making money.

I finally told her to forget it and relieved her from the 3k she owed me in damages and late rent.

Most of my clients:1) Put 20% down for a conventional investment loan.2) Put 10% down for a second home loan3) Something else, either hard money, DSCR, or portfolio loans.These are the most common ways. 

MF with many garages to convert to ADUs, parcel splits, full on development, coop/tic with the resources to handle financing challenges, etc.To raise money in this market as a newby will also be challenging unless you can get it from friends and family.

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

Hope you get your money back. 

It's a great way to increase your net worth and these loans can also be used to pull cash out of a property as it appreciates allowing you to reinvest money into new deals.Happy to discuss further.