He has the proof of funds and I know why he is not going to get a conventional loan.

If a buyer has good credit he can get a personal loan to buy a property, and hence “nothing down”.  

I want to house hack using a 5% conventional loan.

I am looking at build to rent financing, but all of the banks that I've spoken with do not offer construction loans for investment properties.

However, Texas Eviction is telling me that since my loan is "federally backed" (my understanding is that this means that Freddie Mac or Fannie Mae owns my mortgage loan) that I have to post a 30-day notice instead of a 3-day notice.

The reason for this mainly of because I can get a bigger loan on the house we have just built, than taking a ground up new construction loan on the rental we are wanting to build next door as well as my experience with ground up loans is zero - 

I really have wanted to get into investing and finally bought Brandon Turner’s books, now I’ve made that switch flip and am dead serious.  

Hi everybody,I am looking to purchase my first rental property and I do not think I am ready yet based on feedback I have received from multiple people.I do not have enough money for a downpayment on a conventional loan, DSCR loan.

I am in the process of getting a 203k loan as well.

If a hard money loan for a rental property many investors refinance from a hard money loan into a DSCR loan that has lower rates and 30 year fixed options.