As a loan officer at Aslan, I'm excited to connect and offer insights into financing options for real estate investors.

Don’t forget to include the cost of the loan servicer. 

Once you get going, your appreciation will be great over time so you can recycle the equity to buy more and more properties.

Hi Heidi,I did a 15% down loan for 2 properties in Albany, NY with the national bank of Coxsackie in 2023.

I am seeing more lenders starting to offer manufactured home loans, that normally did not. 

you can use a DSCR loan if your DTI is too high for conventional. 

Additionally any pros/cons for using FHA loan would also be much appreciated, thanks!

So it does appear to be possible to get an FHA 203k loan for a 5-unit & convert to a 4-unit.When possible, aim for the Limited (aka Streamline) 203k loan, as it's less complex, not required to get an FHA consultant, etc.Of course, this is based of the two following important assumptions:1)  zoning allows for this2)  and obviously I owner occupy for at least 12 months3)  the total purchase price + renovations are within the FHA loan limits specific to my areaWhat I'm confused about is the timeline or chronological order of the process? 

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

This is not even close to the documents required for a properly drafted loan.