I've been pre-approved for a $300K loan and am seeing that few properties generate incremental cash flow if I also live there during the first year:- Purchase 2+ BR home and rent out while I also live on-property; move out after a year- Purchase a home for myself (i.e. a condo - I know I know, condos have terrible ROI but I personally like the look/feel)- Keep renting / delay home purchaseAs this is Week 2 of my real estate venture, any feedback/insight would be incredibly appreciated -I feel like I'm also getting cold feet because while I have funds for down payment, I don't have 10% of the home price immediately saved in cash. 

There is something called delayed financing that might be a viable option, but it’s not something I am too familiar with.

Hi, Mike, Sorry for the delay... 

I believe the IRS requires a minimal interest amount on a loan.

Sounds to me like they don't qualify for a mortgage and are delaying.  

Thus the increased requirements, which are still in some ways fairly minimal...five sales a year.   

He closed 6 loans all at the same time during covid with no delays.

I am trying to figure out the best minimal risk strategy for my next rental investment.Pls see below.

My apologies for the delayed reply but wow congratulations on your new home!

I brought in a top GC to run the renovation of the project and as the operator of a property management company with over 75 units under management (mix of retail and residential) I'm able to help design its future state to maximize revenue and minimize costs.