Done very exhaustive research on the subject   and  would love to hear your experience  when you  first  started baying your first Note.  

A portfolio lender will work once you've exhausted all of those avenues.Try house hacking first.  

That policy will pickup if the Liability coverage of the underlying policy is exhausted by a covered claim. 

Local credit unions and community banks are most likely going to be your best source of this commercial/portfolio financing when you've exhausted all of your Fannie/Freddie money or you can use them both and in conjunction depending on your preferences.In my experience local commercial money is usually around 1.0 pt in cost to originate with rates around 4.99-6.50% with 5-10 year terms which balloon thereafter and amortization can be found anywhere from 15-30 years, with most being around 20-25 years.

That is a miserable, exhausting, time consuming process, even if you are 100% right.

It can be exhausting (and demoralizing hearing "no" again and again), but I've found leads I simply couldn't have any other way.For instance, I met a man who owns 5 single family houses on the other side of the city from the neighborhood he lives in.

I plan to get into buying them after I feel I've exhausted all that I can learn with searching around along myself.

So that's $48,000/year - expenses & taxes (at this point depreciation would likely be exhausted).

This past year has been a whirlwind of uncertainty, fear, and exhaustion but also of elation and relief.If it gives you any hope in your own journey, I literally knew nothing about real estate, and I had no connections when I jumped in.

All in all, this was exhausting, and a very good lesson for us!