I have preaproval for a 250K loan now.

You would then have two loans, one on your home and one on the refi to access the equity on the investment home.Why not just use the refi cash out from your home loan for future deals? 

I believe the investor may need a commercial loan at that point or could do 3 separate loans since they are on different parcels.

Over the next 5–10 years, I plan to scale to a portfolio of rental properties and eventually diversify into syndications.I’m particularly interested in the Lynchburg, VA market and other areas with strong rental demand.What I Bring to the Table:I’ve been saving aggressively, and I’m exploring physician loans to help get started with minimal upfront costs.I’ve done a lot of reading (shoutout to BiggerPockets books!)

Last property I bought had 8-9 offers.New York has a lot of downpayment assistance grants and loans. 

Last minute they changed the deal to a mortgagee loan and cut the SOW from $65,000 to $40,000.

@Enrique Toledo  If the seller is firm at 10% down, you can always get a personal loan for that 10%. 

A better option if you can swing it is to purchase with your own funds, gain access, then refi into a loan.

I know that with a conventional loan, I could put as little as 10% down if it's classified as a second home rather than an investment property.

LP/GP equity construction loan How did you add value to the deal?