I have seen some exceptions with bigger lenders.

Your $80K HELOC can serve as the down payment, as most lenders require 20%-25% of total project costs upfront.

There are other players in the game to compare with like Kenny Bedwell at STR Insights or Bill Faeth's coaching.

What the gurus don't tell you is that they are comparing market rents to the GROSS amount of S8 rent on a voucher which INCLUDES LANDORD PAID UTILITIES!

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Ultimately though, it will depend on the lender and the availability of funds (assistance) available for the demographic area that you are purchasing in.Do you have a property that you are looking at?

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

If your really needed it one could also consider hard money though that will come with higher rates and getting someone to give you 300k first time might be harder than just getting loan then you could refinance it later.Since your a high net worth person I would also try talking to local/regional and even big bank lenders.