Yes you can buy stuff over the counter however as said most of it will be junk.

Buy an existing house to live in and add an ADU in the back.

Selling and buying something else you want keep and doing a cost seg in would help with the tax burden probably better in this situation.

This would likely take coordination with a tenant at some point - (ie - plenty of notice to them that they must vacate in order for you to sell the property)Since your current home is free and clear -  you could do a cash out refi or take out a new mortgage on the new house to be able to buy your paren't house and pay off the mortgage.  

I am considering buy a home to flip.

Investment Info:Single-family residence buy & hold investment.

I am looking to buy a multifamily property that primarily has studio apartments.

I didn't buy it anyway.

I've helped people with SBA loans to purchase real estate for a business, but for buying rental real estate, the DSCR loan is a much better option.

Buy that if want, it's probably closer to the 3-5s.