We offer it at TFSB but it does require the basics like qualified credit score, DTI ratios - Must have W2 or (2 years of 1099 income) to qualify.

They are farily easy and do nto require much to get started and the Max LTV is going to be 75% but I have seen some exceptions to 80%.Rates are subject to a few thing like loan amount, property type, number of units, credit score and downpayment.DSCR allows you to purchase with No employment and No tax returns so its a little easier. 

780 or higher should get you the best rates/terms available, no difference than 820 score.

The english version: https://www.imovirtual.com/en/# .You have private and agent postings.Regards, Rui

Wife and I both have an 800 credit score and plenty of income with a 19% DTI ratio. 2) Do you recommend that as a first timer I actually do go with a higher down payment product as I learn?

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.

@Blake KirbyHere's an excerpt from the Redfin article you referenced:"The metro area with the highest risk of a real estate dip during a recession is Riverside, California, with an overall score of 72.8 percent, followed by Phoenix (69.8%) and Miami (69.5%).

I believe up to close to 40% down with a 720 or greater credit score on a conventional loan product could give you the best interest rate. 

It scores a 100/100 (san juan) on airdna, so it seems to have a strong rental market.3. $$$ going into the island from the new tax incentives.

YUP minimum requirements.. although you would be surprised how many folks cannot get a bond because they lack credit score.. this will weed out the really poor players and give state a vehicle to regualted those that violate the laws without all the grey area currently.