And people think Ai is going to replace accountants.one can argue that apartments.com is just a processing the payment and not actually holding the funds to transfer out.If apartments.com all of a sudden reverses the payment for insufficient funds?

Ability to repay - can you as the borrower afford the payments based on the loan amount.Typically they will not take into consideration the mortgage on a new property that has not been taken out as that is new.

These sellers might be more open to offers to accept payments over time. 

I finally understand that credit card payments are exempt from needing to send 1099's.

Make sure that you can find a sponsor that you trust.

There is 3-5% down payment options you can use.

I even bought 3 properties in one day using the HELOC to fund the down payment on each of those purchases. 

@Jordyn Ohsnot enough info to helpbut if you're using a HELOC for the down payment AND getting a loan, then you're probably negative cash flow given that's 100% leveragei would never do that unless i were going to refinance in the short term

Just make sure to run the numbers with the HELOC payment and the rent, so that you are not underwater every month.

Therefore, I would like to work with an experienced reliable property manager I can trust and work with.