A borrower really needs to have at least some "skin in the game" to make lenders feel comfortable.

If you're willing to have roommates, your options open much more broadly, and you can potentially assume a loan with a low interest rate. 

Good luck, Its a dangerous game.

I'm new to the game but I have been prospecting for deals for a while now.

Quote from @Collin Hays: This is zoned commercial, so I could do pretty much anything I wanted with it except a casino.ouIsn't the Texas legislature considering casino gaming this session? 

That would be a game changer is you can use it to buy your second home. 

Investors want to know why you’re the best person to execute a strategy.Strategic Partnerships – Aligning with experienced operators, property managers, or development partners can accelerate growth and boost credibility.Build a Strong Online Presence – Having a professional website, investor portal, and well-documented case studies can go a long way in attracting both investors and deals.Raising capital and scaling a real estate business takes time, but with your background and passion, you’re already ahead of the game.

Some of my colleagues and friends bought millions, others tens of millions, and some hundreds of millions (or Billions) during that period.Real estate is a funny game - it tends to go up, yes, but it does not always go up, and it can go nowhere for a decade or more, as a lot of apartment complex purchasers from 2021 are about to find out. 

With rent control in NJ, yeah, it’s mostly a waiting game if tenants don’t leave.

Real estate is a long game :)Food for thought, especially with a family.