Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

I want to get them at a price where the projected rent will cover all my expenses (mortgage, insurance, repairs, CAPEX, vacancy) plus extra.

The goal is to reduce living expenses while paying down some of your mortgage liability and learning how to be a landlord. 2.

FHA loans are generally more straightforward, with lenders typically requiring verification of your credit and income.Be prepared to provide financial documentation, as the lender will need to ensure you can manage the additional mortgage payments.

I was able to cover my mortgage payment, cash flow a few extra dollars.I sold my six rental properties in 2012 and moves to Delaware.

But iam sure if you talk to few lenders or mortgage brokers they would be able to help I’m currently looking for a lender for new construction for beginners if you could help  

Try online advertising, i.e.

They currently have a conventional mortgage at about $800 a month (3.25%).

So if anyone has any online groups or suggestions for getting started in the DMV area it would be greatly appreciated

I know it's not mortgages - I've heard a lot of horror stories about processing done in one time zone, underwriting done 1,000 miles away and appraisal reviews being done in a 3rd time zone and none of them knowing what is going on with eachother.