I would always take comments like "I have friends who say..." and probably heard from someone else with the necessary pinch of salt.

In a pinch I can borrow against my 401K.

You may be able to get a loan with a sub 1.0n DSCR but unless you're in a pinch, it may not be the best for you.3.

Sometimes I think I should Just go with the gut instinct for the first time and get pinch in the face to learn better because waiting doesn't keep me close to do action.Thanks,Ali Are you looking local?

I do have another property with some equity if needed in a pinch where something went wrong but I dont want to cash out refi that property yet as rates havent went down and it has a 5.6% fixed rate.

I do have another property with some equity if needed in a pinch where something went wrong but I dont want to cash out refi that property yet as rates havent went down and it has a 5.6% fixed rate.

In a pinch, my broker has had me write an LOX (Letter of Explanation) anytime something weird needed to be attested to - but probably not for the specific items you mention.  

Especially starting out, you're never going to get anywhere if you don't manage to get full and complete control if you don't have an absolute grasp on all your personal finances, if you don't know about lifestyle creep and the hedonic treadmill, if you or the person handling your money can't pinch a penny until the shield dents.4.

I think those that bought in the last few years for appreciation or with adjustable rate mortgages and had slimmer cash flow/margins are feeling the pinch a bit more.

Also depends on if you will ever want/need a roommate, one advantage of a 2bd is obviously if you are ever in pinch you can rent the 2nd bd, but if your pretty confident that’s not something you’ll do, I’d lean newer 1bd, not to mention that’s where the best deals are right now.