You are on the right track.

For context, before I learned about his 6 unit I was planning to purchase a 2-3 unit long term rental in Q1 2025 as my first of many deals with a 5 year goal of financial freedom so I can coach my daughter's high school cross country and track teams.

But yeah, I see how the asking price and condition are making things tricky.For loans, you’re already on the right track with the 203k and Fannie Mae HomeStyle loans.

The interface is user-friendly, and the reporting tools are especially helpful for tracking property performance.One downside is that it can be a bit pricey for smaller portfolios, but the features have been worth it for me.

Originally posted by @Bradford G.:I

While I didn't love the 30% cut they took, I was happy to have it in experienced hands (and a lot of what they did, advised, etc. was on-track with what I had researched, discovered here and on other STR forums).

Long term goals in mind that I need a track record and capital for! 

I'm a wholesaler on track to move 150 properties this year.

Here’s how to build trust with private lenders:Share success stories or past deals to demonstrate your track record.

I wouldn’t come up and say I am new in the business but if someone ask me I’ll be honest, that may work for some, but not others, it who cares anyways, you won’t get everyone, you want those that will want to do business with you.I will also reiterate that even if you are brand new and some ask you, turn around to a positive, if they say “but so and so has been in the business 20 years and have done many transactions blah blah blah” you can turn it around “you know mr and mrs seller, that is a great agent with a great track record, but don’t mind my asking, they are doing so many deals a month and so and so a year, how much time do you think they would dedicate to your home?”