@Brandon Eike, on an investment property, most lenders will max out their loan at 75% LTV, which doesn't cover transaction costs, which are usually 5%-8% of the purchase price.

Resources used in education on DSCR:https://www.biggerpockets.com/blog/dscr-loans-what-are-theyhttps://www.biggerpockets.com/blog/dscr-loans-terms-to-knowhttps://www.biggerpockets.com/blog/brrrr-loans-what-are-the-options-and-how-do-dscr-loans-stack-uphttps://www.biggerpockets.com/blog/eight-questions-and-answers-to-dcsr-loans?

However if you do not want to live next to your tenants and run the risk of being in an uncomfortable situation, you may put a small amount of money down with the right loan structure. 

Assuming you have a loan on that property you co-own, you'll need to "extract" that equity somehow and convert it to cash to be able to use it on another property. 

VA loan.  

I've seen where people add so many loan extensions with optional payment.Say 1k gives you a 1 or 2 year extension and this can be done 4 or so times.This agreement could be changed so many ways to make it work.You could offer a higher interest rate after 7 years to extend to 15 years.

I disagree, I had a time when my name and the name on the insurance didn't match and the lender was all over it, regardless of the on-time payments.Your best bet is to refi into a commercial loan that allows the LLC (if you've already purchased the property), or close directly with a commercial loan / DSCR loan.

Fix-and-flip projects can yield quick returns but require experience, while house hacking with FHA or conventional loans is a great way to get started.

You will need down payment money, You will need cash reserves Money, you'll need closing costs money, and you will need to get a bank loan.

Last month, my wife and I purchased a fantastic duplex in Madison, WI, for $400,000 using an FHA loan.