However, this is also your business. 

I am looking to connect and develop business relationships with investors, agents, anyone in the Kansas City area really.

Just wanted to introduce myself, my name is Coz and I am a Navy veteran who has been using my VA loan to purchase my two properties and am a beginner in the rental property business.

You may be better off with a higher rate and the flexibility to access the equity in that property to grow your business or even bail you out of a jam.

I don't care what kind of business it is, STR, Hot Dog stand, any biz I am NOT paying 8X annual gross revenues, no flippin way! 

I highly recommend working with him, but only if you're willing to put in the effort to build a business and though leadership brand!

I have even seen it in selling businesses. 

Since you have good personal credit but little capital, consider leveraging strategies like house hacking, partnerships, seller financing, or DSCR loans that don’t require strong business credit.

FWIW, most of my business came from VRBO until Q2 2024 and then it completely flipped.  

I want enough money coming in so the business can sustain itself when issues occur with maintenance or vacancy.If you wanted to do this with only 20% down ($46,000), which is all you need for a conventional loan, here is how the calculations change.Total mortgage + escrow $1,493.33 per month with cashflow reduced to $306.67 per month.I prefer to overestimate purchase price, interest rates, and homeowners’ insurance to be conservative.