Having said that, the probability that this happens is fairly low, $10 million dollar businesses don't just pop out of nowhere.

You can find DSCR loans in the low 7s at a 75 LTV.

Maybe if you buy it and live in it where you only have to put 3-5% down you could pull something off… but we bought mostly C class properties back in 2018-2021 and our dollars to close were usually in the high 20’s to low 30’s just to buy the property with 20% down. 

My guess would be no, even though currently they are grouped together and characterized together.

Ask to speak with some of their current owners and current/former tenants.

However, it is crucial to understand the current market conditions and potential concerns.

I am considering partnering with one or two of my associates which would allow us to buy a larger property (likely a nice duplex or triplex) since none of us currently have the capital for this down payment individually.

If your goal is to get in the game, have a profitable investment, and build a team to set you up for future growth- the Allentown market will treat you well, even in its current state.

Non-veteran looking to assume a VA loan.Bonus question: If I want to keep and rent out my current residence, is it possible to get potential rent to count towards DTI?

My first rationale is the smaller homes will attract the type of tenet I’d prefer compared to the larger home I currently own which would be larger families.