On our second deal, we brought on another partner, to help with down payment and balance sheet.Thank God, because when we signed our next deal six months later, our partner was instrumental in helping us with the loan.

What loan type (DSCR or conv) should I be looking at and what rates?.

They are financed more via SBA loans, private investors, crowd investors, and business loans etc .

This avoid you paying interest in the entire loan.

What are some of the most advantageous loan types you've heard of for this?

Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

Are there companies out there that would give him a small loan?

My question is, if we buy the home using a conventional personal loan while we househack, what would the costs and process look like of transferring the house and the loan over to an LLC?

In that case, I refused to close on the loan.

With providing some rough numbers, my extended work experience with my company, and my credit to the lender, he informed me that I could potentially qualify for a $250k property with an FHA loan and a conventional down payment assistance loan which would put me with little to no money down out of pocket.