Not every deal will see that kind of rocket fuel, of course, but it does show the kind of upside some Phoenix investors captured.

Just wondering, when you say you never put down more than 10% and other other benefits you describe, I'm assuming that's just for a house hack/primary residence?

This would also allow me to keep my primary at a low rate loan. 

Hi Paola,If you are looking to buy another primary, looking to put the property into a LLC, may be changes in your income/job, looking for faster/smoother closing, DSCR could make more sense.

The property was my primary residence for a decade and now functions as rental unit so I am happy with the purchase overall and it has worked out well.

I am looking at similar requirements to Mauro above.Does anyone have experience purchasing properties outside the primary channels like real estate brokers, for example through auction sites or banks?

If so you may have some full doc options which have the best rates typically and terms.Like others have mentioned you have DSCR loans too but this only allows you to purchase non owner occupied properties (not primary residence or second home occupancy type properties).

If you are buying a primary then you will not necessarily be able to utilize the LLC for this property.

I currently have a single family home as my primary and two investment properties.

I of course want to start small.My dilemma is: I was approved through work to get a forgivable $12,500 down payment assistance on a "primary home" near where I work.