Option 3- If they have qualified for FHA; counter the offer to see if they can qualify for low downpayment conventional loan

Trying to keep things simple with long-term single family rentals til I hit my conventional limit then will try different strategies with different funding options.

DSCR versus conventional for example.

For financing, would we then want to get a DSCR loan under the LLC or should we start with conventional loans under our name until we hit a certain number and then move them over?

You might also want to do the math on a convention loan instead.

5% Downpayment on a Conventional Loan How did you add value to the deal?

The area has seen growth in both the residential and rental markets, making it a potentially lucrative investment.For financing, you can explore options like conventional loans, FHA loans (for owner-occupied properties), or even local programs that might offer lower down payments for investment properties.

VRM Properties is misleading on their website, not very many details are provided on their loans other than comparisons to a conventional loan.

You don't need a conventional bank to buy a property.

30-Year Conventional: 7.01%30-Year VA Loan: 6.40% Drive Safely, Las Vegas!