It’s a great way to grow faster.HELOC or Equity Tapping: If you have equity in another property, using a HELOC or cash-out refinance could help cover the down payment without affecting your DTI as much.Seller Financing or Creative Deals: Look for sellers willing to finance directly, which bypasses traditional mortgage qualification hurdles.Scaling quickly often involves combining strategies—play around with what works best for your goals.

These properties appeal to students and low-income renters, especially if traditional housing is limited.

We're also starting to scour other forums for possible investments outside the traditional MLS sites, and other areas like upstate NY. 

Purchase Terms: Clearly outline the terms for your brother to purchase the property from you, including the timeline and price.To minimize the financial burden on your HELOC, refinance the property into a traditional mortgage as soon as possible.                                                                                           

If not, I'm guessing it would be treated as a traditional rental loan, either conventional or DSCR, using market rents rather than the rent in the lease agreement.

Lenders will want to know if the property is generating income and if it qualifies for a DSCR loan or traditional financing.

A traditional bank will not give a line of credit even if there is significant equity because it boils down to being able to pay back the money. 

So, winters are the traditional slow times for sales & rentals.

Private Money Loan: Private lenders might be a flexible option, especially if traditional routes don’t work.

You cannot have a traditional homeowners policy and a landlord policy on the same dwelling.