If you can save up 20% down in a low-cost market like Cleveland, you could use a DSCR loan to secure financing while you still don't have any stable income. 

However the event of default just gives the holder or beneficiary of the security interest the RIGHT to accelerate all payments and call the note due..

It's not an effective strategy but a lot of investors believe throwing in high end appliances in itself secures a buyer. 

Even large and small businesses with intangible residual services like TV, internet, security, pest control or the local contractor with remodels in process could fall behind on payments revenue contract. 

Im looking to secure financing for my real estate business.

-When a tenant moved out, the management company refunded their security deposit but failed to account for damage, such as holes in walls and outlets ripped off the walls, leaving me with repair bills and also tenants moving in without the repairs being done.Stuff like this that is consistent and when I ask questions they are defensive, when I ask for more quotes for high ticket items they are defensive. 

For my units, I usually look for someone with annual income 40x the monthly rent so I know they are financially secure. 

Hello fellow investor,Thank you for your interest in learning more about our company and how we secure funding for our clients.

Ask for higher security in person have them back out on their own if they still want the place you will be safer with more security

If you can purchase this home with private money or seller financing and get a $110k loan, then you could do a rate/term refi right after so do a 90 or 120 day note to secure the property and get it in your name, then refi into long term debt using the full appraised value.