For context, I will be assuming his VA loan at 5.1% and he will be doing seller financing for the remaining equity and sale price. 

Bank pushed us to 40% down payment so also executed a $85K seller carry-back loan to cross the finish line.

Hello, my name is Julian. I am a licensed realtor based in Atlanta, Georgia, and I am currently working on obtaining my mortgage origination license. I am 14 hours into the 20-hour online course offered by "RealEstate...

SubTo is taking over someone elses loan.

Should we pursue a "cheap" rental in order to build rental history in the hopes of securing DSCR loans down the road? 

I assume you’ve got a loan that says you will be living there.

So we would have to get a loan, pay off the seller and transfer title and then wait the seasoning period before doing a refi unless there is a bank out there that will treat it as a refi off the bat

A self-directed IRA or 401k can be a great vehicle for loaning money to others without getting hit with taxes on the interest income.

Somewhere in the middle is likely your best bet for a 20 year timeline.I have almost 50 units here myself and that's about what my portfolio is cash flowing at this point combined LTV is around 65% as loans have gotten paid down and values have went up.

You can buy a rental house, put $60,000 down and you will have to get a non-recourse loan for the rest of the mortgage.