Would this be the ideal market, or are there other rental options we should explore? 

@Ana Vhan there are many commercial options where you can add multiple locations/multiple states onto a single policy.  

Assuming they're telling the truth what are my options.

He may accept a lower than 20% down payment.

HELOCs are definitely a good option for financing BRRRRs.

DSCR or Fannie/Freddie loans can go up to 75% on single family homes, multi family homes (2-4 unit) max at 70% if you stick with Fannie/Freddie.Other things to consider would be:Paying points for a lower rate vs higher rate with no pointsIf going DSCR - Prepayment penalty term (0-5 years)The lower the loan size ($200-250k and lower), you should consider paying up to 2 points and doing a 5 year prepayment penalty if going DSCR.

Quote from @Brad Kremer: Hi everyone,I own a cash-flowing duplex in Austin, TX, that I bought 8 years ago when rates were considerably lower than they are today.

Here's a breakdown on loan options to consider:FHA Loan: @Brittany Minocchi is right in looking at FHA option.  Low

Are there any local meet ups, groups, or anything going on to start meeting people and continue trying to learn more about real estate investing? I am currently reading the UBG and have Rich Dad Poor Dad on the way an...

If I secure renters and show a lease agreement and deposit can I get into lower interest rate mortgage?