Hi Eric - As you can see from the comments, it is up to individual discretion to call DSCRs "no doc" loans or not.Investors are drawn to DSCR loans due to their simplified documentation process, which offers less paperwork and hassle compared to traditional lending options like conventional and bank loans. 

I’m thinking about putting in an offer on a duplex.  

If you cannot, reach the owner, you may be able to reach the lawyer representing the lender and offer to buy the debt (at a discount).

Additionally, so many companies are moving and developing here that anything you buy will be a goldmine within the next few years!

@Ryan DaultonYou cannot do this if the offering only accepts accredited investors.There are plenty of offerings available for non accredited investors that also have a lot lower barrier to entry

With a purchase price of $290,000 and a resale value of $390,000 after $20,000 in renovations, the property offered substantial returns.

Thank you for the additional information. 

With a purchase price of $165,000 and a resale value of $245,000 after $35,000 in renovations, the property offered substantial returns.

Philadelphia offers lower risk and more predictable returns, making it a stable choice for long-term real estate investment.

They offer a free tier to get started, so it's a budget-friendly option to see if it fits your needs.