(no waiting period to simply refi what is owed) DSCR programs are not purchased by Fannie/Freddie so they can set their own rules and some have a waiting period as short as 3 months. 

EXP Realty recently started a referral only program.

I'm in the camp of get help from a real person as opposed to listen to more podcasts and read these threads.I'll agree that you need to be very cautious with a "Program".

Section 8 comes with guaranteed rent payments straight from the government, which is a huge perk.

https://louisvilleky.gov/government/housing/lead-safe-louisv...

If you and your family are willing to house hack and use either an FHA 203k or homestyle renovation loan, the path of least resistance with the lowest risk, in my opinion.If you didn't want to house hack you could try a live-in-flip with those same loan programs! 

They aren't the best when it comes to DSCR loans, but that isn't to say their DSCR program is bad.

I'm skeptical of most programs and gurus, but he seemed legit.

I see credit cards and car loans as , but I do not see mortgages being paid down by the tenants as debt as bad debt.Because of the 4 reasons that are listed above I was very skeptical and even today I have not went through his whole program.

After Hurricane Sandy in NY the vast majority of the houses on the South Shore of Long Island were lifted through various government grant programs.