The only people that would suggest you do a DSCR or non QM loan on your first purchase with limited funds would be someone that sells one of those products. 

Feel free to reach out at your convenience.What I cannot emphasize enough is that Buffalo changes block by block and street by street very rapidly, and if you don’t perform your due diligence to understand the neighborhoods, you could find yourself making a very poor investment.

Many people on this site only are interested in a specific geography.What type of product are you looking for? 

I found myself studying Rich Dad Poor Dad and knew that real estate was the journey I was meant to be on.

My experience was getting my personal credit utilization high as I bought product for my business, and subsequently my FICO went low; therefore financing was increasingly difficult. 

The rental is in really poor condition despite the 2011 original lease paperwork has a move-in checklist that documents that the place was in good condition throughout.We came to discovered at the beginning of 2024 that the main tenant had a guest living with him and they were no longer getting along.

I am curious what other products / mentorship programs I am going to be pitched.  

The strategy worked great, but without having any experience with the loan product, combined with signing a sales contract that had removed the protections for me regarding contract termination and return of my $10k earnest related to the approval of funding, it made for a very stressful process. 

My existing portfolio definitely hews toward working poor, but in areas where the locals tend to keep their yards up and have at least a bit of self-respect.

I still am shocked at how poor we did on the lottery seeing we had maximum lottery entries.