Lol.So, would you have preferred start with something like seller financing deals instead of conventional loans?

About 20% use 15% or 20% conventional (my lender does have a portfolio 15% product currently). 

Does it need enough work that it will not pass a conventional mortgage appraisal, thereby limiting yourself to cash buyers?

Invariably about 75% or more of the positive reviews come from people who say they attended RADDs Wealth Retreats or conventions, suggesting a more cult like/beholden nature to their reviews perhaps. 

Now, you're going to pay for that in much higher rates that you'll get in FHA or even Conventional loans, but if you're willing to bite the bullet on that to get started, then it's a great tool to use.

For almost any kind of permanent rental/investment property financing (whether Conventional, DSCR, or local bank), you are going to need a decent credit score to qualify.

I've tried conventional and DSCR (I have no landlord experience yet, so that disqualified me from 1 lender).

We let them rep us on the buy & resale once it's renovated/built, and they are happy to try and work with us on a deal where the seller wants an all-cash, quick close, or the home won't work for conventional lenders/end-buyers, etc.It is hard to find 60-65% of ARV deals, but that's why we are still around!

I think FHA loans are still popular but if you can swing it the new 5% conventional rules are huge.

Conventional financing.