Lastly, plan to leverage your future income from working at your dad’s business to support your investment goals.If you want to discuss further, or would like to talk about taking out a loan in order to buy an investment property, or for any other purpose please feel free to DM me.

I recently moved to Nashville, TN, and am looking to buy my first property and house hack.

@Michell Chase   Why and who are telling you cannot buy right away using a conventional loan?

only buy a MHP in a city/county that will allow you to bring in new or used mobile homes to fill in vacant lots.

Luckily my cash offer to buy a house was outbid and I didn’t get the property I made an offer on. lol I have taken five 401k loans up to 50k to buy houses.

If it were me, I wouldn't buy down the rate. 

We all know the playbook....teach novice investors how to buy in C/D locations where the cash flow appears higher despite the operating expenses and cap ex being disproportionately greater than better situated real estate.

There are many ways to invest in real estate, and many different forms of financing, and the "best" type will depend on what you are doing, your funds available, and so on.Here are a few examples:Many investors that buy and hold long term residential properties will use your standard conventional financing (typically 20% down for SFR and 25% down for 2-4 units).

I will also seek existing leases from any property I decide to buy. 

My capital is a little limited but anything 70K and below seems to be a good buy for me as far as going with a conventional or hard money