This can be combined with other types of funding to cover your deal. 

Our goal is to supply you with unique data to help you make the most informed investment decisions possible.

Our goal is to supply you with unique data to help you make the most informed investment decisions possible.

In addition, I have been told they used a 3.5% rate which could be aggressive especially if 1) not owner occupied 2) loan if combined with primary is a jumbo 3) construction loan used.   

My primary question is, did anyone purchase something big early as their first ever RE investment (or very soon after the first) such as an apartment building, a multi-family package deal, SFH package (or quick subsequent purchases) with a total combined PP of $750k+?

Prices look to be all over place in East Hampton.For vacancy, I like 8% on MFR.Repairs and CapEx bump to 15% combined.

Honestly the more I’ve thought about this and talked about it, the more I’ve learned that every lender is unique!

@Collin H. people travelling distance for temporary stays, that are not essential, means they are likely being less socially distant then if they stayed put, and is the behavior most are recommending is stopped.I'm not sure where your vacation rentals are, but many VR areas are not accepting non-locals as the areas have fewer hospitals and related capacity, so a surge in people escaping cities would overwhelm local resources and hospitals.You have a bizarrely cavalier attitude in this wildly unique time. 

I would figure out an asset class or location that gives you a unique advantage, www.adventuresincre.com is a great resource for modeling among others

I have traveled all over the world, everywhere there is pro's and there is con's, every region and climate has it's own unique issues to address, with that MN is no different.