I applaud you and your wife for thinking about this so early and your apparently great ability to save money for this next step! 

However, understanding their requirements—such as down payment percentages, reserve requirements, and loan-to-value ratios—is key to getting approved.One of the biggest advantages of working with portfolio lenders is their ability to fund deals that traditional banks might pass on.

Thank you so much for sharing your story, I'm glad to see you chose the Success Stories thread because this is truly a success story and here's why •You had enough in reserves or in an emergency fund or the ability to get enough money somehow to fix these issues and that is HUGE in itself.

It is restricting my freedom and ability to buy more properties.

However, between the work-from-home ability and the recent crime spike in D.C. post covid, many businesses have moved just outside the city to areas like Alexandria and Arlington, which in their own regard already had thriving business environments.This macro trend, along with the massive amount of economic and infrastructure development happening in Alexandria will lead to massive rent growth and home price appreciation over time. 

Live in the hipster Roosevelt district and can target struggling artist types, Tempe college students etc? 

., and ability to verify receipts and transactions (the verification is done by upper management to check and validate the revenues and expenses)4.

So for a mobile home not attached to land, you can write up a bill of sale?

A broker's track record and their ability to close deals successfully should be prioritized over the highest offer.

I can see where the bank may be unwilling to make a loan to this particular borrower, or that this borrower may be unable to find anyone to finance them, but financing the purchase of a note is possible.The borrower has no ability to allow or disallow the sale of the note that's backed with their loan.