You can do FHA with 3.5% down- less in some states with down payment assistance, but you're better off doing a conventional at 5% down if you can swing it. 

Think of you as just a bank for people who don't want or can't secure a conventional loans (ie.

Quote from @Isabella Romano: I am looking to buy a new property and am running into issues getting qualified for conventional loaning due to high DTI.

Given your experience managing 138 doors, you already have a significant advantage in understanding tenant needs, property maintenance, and financial planning.Key tips:Focus on personal finances: Keep building excellent credit and maintaining healthy reserves.Financing: Explore loan options like conventional, or DSCR loans to maximize your purchasing power.Location: Research neighborhoods with strong Section 8 demand and landlord-friendly regulations.Due diligence: Analyze properties carefully, factoring in rehab costs, property management, and cash flow potential.Your expertise and willingness to learn put you in a strong position—best of luck!

Private financing where an investor can get a loan from an individual rather than a conventional loan because you can get more leverage and have more room to negotiate

CONVENTIONAL FINANCING What was the outcome?

The website advertises: they offer conventional 30 year mortgage loans nationwide.

By the way, are you a conventional lender or HM?

Conventional financing doesn’t allow you to close in an LLC, so if this is a must, DSCR is a good option.

It's also common that a lender makes you close in your personal name for a conventional loan then the deed is quit claimed into an LLC.A real estate attorney helps you do this.