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.

Do not trust what a realtor tells you to be correct. 

Hey Chandler, I'm delighted by your presence.. how do you feel about building a team of trusted contractors?

With your income, you may qualify for an FHA loan with a smaller down payment, but buying now could limit your borrowing power and increase monthly payments.

Low or no down, seller financing and low or no interest with a balloon payment later is the holy grail (location, building condition, market also matter but it sounds like you have all that).

Preforeclosure owner finance wrap, paid off the default payments and taxes with cash and assumed the owners loan.

If you don't already have boots-on-the-ground and a trusted network, it's going to be tougher to do.

I can definitely share who NOT to trust your property with if you want to send me a private message. 

A PMC is great to use not only for all these items but also really being a trusted source for vendors too etc. 

Does anyone have any recommendations of first time home buyer grants or down payment assistance programs for New York State?