are successfully purchasing 1% rule and positive cash flowing deals here.

When you turn a personal residence into a rental, you want to make sure you calculate your basis properly.Your basis will be purchase price + improvements made to the house since time of purchase(Assuming the FMV at time of conversion is atleast this amount).Best of luck!

We are in the process of purchasing a home in Bremerton and we live in CA at the present time.

I was thinking to utilize a DSCR loan for my 2nd Multi family purchase this year? 

The obvious play would be for the low purchase price/cash flow. 

Do you have a property in mind that you would like to purchase ? 

Purchase price: $10,000,000 Cash invested: $100,000 Contributors: Jered Sturm Invested in 2 syndications for multifamily in Cincinnati Ohio as a passive investor.

I recently flipped my first property and it was a cash purchase.

What should price be if purchased. 

Agreed with Bradley, why not look to purchase this home yourself.