I’m based in the NY/NJ area, and I’m exploring a few different options:1.Bank Loan – I know banks usually require steady income to approve a mortgage, but would a large down payment (maybe 20-30%) and good credit be enough to get approved?

If they fail you will likely be stuck starting over from scratch.3.

Bank of America, obviously national.

I also focus on the Northside and have used a decent amount of the local/regional banks here on commercial side.

Sometimes 5-10% is safe but if it’s your first deal you want to bump that up more unless you have cushion in your numbers or in your own bank account.

Hello all,Anyone have any recommendations for banks that are still opening HELOCs on investment properties.

Banking fees?

For the tenant to be able to move in you need to -Go back and forth and fill out HAP contract and get it approved by CMHA -Get the property inspected and pass(if you fail redo this step)-execute the leases then the tenant can move in * Important note (you won't start receiving payments from CMHA till like a month or 2 later after you execute the lease.

I failed to do this twice and ended up in court both times.

Out of state "tired landlords" of SFH /or Failed MLS status that are vacant and non-owner occupied).