So bye-bye all the Brrr's and Multi's and what not, we need SIMPLE, right, a good simple SOLID base-hit, right. 

Or just wait until a year passes and he can rent it out  Following - I'm based in California in The Bay. 

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. 

I searched for homes based on the mortgage I could afford.

Based on the information that you shared, if you haven’t already done so, I recommend connecting with a local expert.

Hi Kylie,I definitely know that finding the right business bank account can be challenging, but here are a few suggestions based on your what you've told us:For Wire Transfers: Consider Mercury Bank or Novo.

Is it based on town zoning? 

I searched for homes based on the mortgage I could afford.

I’m based out of Lehi, Utah, and have always been fascinated by the potential of real estate to create opportunities and build wealth.After spending time learning about the industry and what it takes to succeed, I’m ready to dive in and start making deals happen!

Freddie has similar intricacies, but also does not require a two year history of receipt; https://guide.freddiemac.com/app/guide/section/5306.4If you can use the rental income to drive the DTI down so that you can reduce the down payment similar to that of the FHA product, the benefits of the conventional option will outweigh the FHA option, as I'm assuming you have a strong FICO based on rate quoted with no points.