The short term and balloon payments that seem to come with hard money are pretty intimidating.

(The 2 years allows me to house hack for free since I am stationed here for 2 yrsPre-context:-VA funding fell through at appraisal because he had non permitted renovations and was using the property as a 5 unitPM me for more infoThank you!

Is he a non permanent resident cosgining for you ? 

Adding to this thread.... can someone share what numbers look like when you borrow from a PML for down payment on a BRRRR?

If these are non issues, you may do well.There is also a lot of competition in management of all forms now, so you should think about how you will contract clients and why they would choose you over someone else.  

A place that has enough units that we could have renters beyond ourselves that would help offset the mortgage payments we would be paying.The breakdown of what we know we have saved up that can be used for a downpayment:My wife and I: $165,000~, can probably get that to $200,000 within a year.

. , so when you're selecting a market, think about the logistic factors of getting there, being able to take a direct non-stop flight two hours from your home to get to a market is a lot easier than having to take three flights that take nine hours to get to.

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

What is my ideal monthly payment?

But, for non-QM or DSCR products every different products make up there own rules and there 100's of them in the market place.