Joshua,It's fairly easy you select a builder and the bank gets them approved or use one the bank already has approved. 

A duplex in one state, and 8 units (3 single family, a triplex and duplex) in another. 

I have one Amex card showing up and a bunch of student loans - do banks take these as trades?

75% LTV6.707%1 point origination727 creditDSCR loan, 30 yr fully amortized, 5 year step downFunded by one of the Hard Money DSCR big players

Most lenders will likely not lend to a first timer anyways, and if you can find one, they will typically require more down payment, higher fees and higher interest, all of which will make your flip harder to pencil.Second, your flip WILL go over budget, and likely a good amount.  

@Bradley HendrixAll it takes is one.

The picture is one my most recent listings. 

For your first one, I think the condo route is solid because it (should) be minimal maintenance and lower price points which make the ROI actually work with a long-term tenant.

Ended up selling for higher than expected which makes us want to return to the neighborhood for another one!

I’m a firm believer in that before one masters any creative or wealth building strategy in real estate investing, they need to master three things; (1) real estate PRINCIPLES, (2) real estate LAW, (3) real estate FINANCE.