DSCR loans don't require all of those things - your FICO and the income from the property are the main determining factors.

This can be the difference between setting goals and achieving them.

Given you and your investor both have experience in different areas, I’d say keep a flexible approach and compare city requirements before putting too much money down.

Different lenders can view income in various ways depending on who you speak with.

build a multifamily property and continue that strategy. building is a different strategy that allows you to still enter hte market below value. this is what we build in columbus ohio for investors it's a 3 story walk up infill that's about 24x40 and 2 bedrooms 1 bath stacked 3 times. it's identical to like 65% of apartments that are built. you'd need probably 100-150k in proceeds.

The same unit has different listings for the 1 bedroom and 2 bedroom alternatives.

You've likely used tons of different CRMs coming from sales, and HubSpot looks and feels the part.

Big difference on how you want to maange it and go through.

REI is filled with lots of shiny objects and you will success stories from all these different investing methods and it can be hard to stick to a path.

Your goal of acquiring your first single-family rental by early 2025 is both ambitious and exciting.A few thoughts as you navigate this market:• Local Insight: Since regional nuances can make a big difference, tapping into local brokers and contractors who understand the Hudson Valley and Catskills can provide a valuable edge when evaluating properties.• Creative Financing: Keep an open mind to creative financing strategies; sometimes thinking outside the traditional box can reveal opportunities others might overlook.On a related note, I help investors streamline their operations by generating quality leads and assisting with VA hiring, which might be useful as you build your team and network in the area.Looking forward to seeing your progress and sharing insights along the way.