Income: Verified monthly income must be at least three times the rent (minimum $4,200 combined).

Here's a breakdown on loan options to consider:FHA Loan: @Brittany Minocchi is right in looking at FHA option.  

I was considering having a lawyer draw up a baseline loan doc and make tweaks to it on a per loan basis.

And you have to pay PMI for the life of the loan.

What you have is a few guys that have way over 100 years combined experience with investors and investor deals and we know what it looks like when investors are at very high risk of taking a 100% loss..

Since the funds are business credit, you wouldn’t have to worry about personal financial strain, and it allows you to keep your capital intact.I’ve seen investors use this method in various ways: some use business credit cards (with 0% APR for 12 months) to pay for renovations or bridge loans, others use business lines of credit to cover larger gaps.

Once you’ve built capital, transition to small multifamily units using DSCR loans for steady cash flow.If you need help analyzing deals or securing funding, let me know.

Second home loan , conventional How did you add value to the deal?

I then found 3 properties from wholesalers in areas that I invest in regularly and purchased the properties with a hard money loan.

We are talking to my father and my sister to see if they would be amenable to transferring the deed into my name to facilitate the loan.