I’ve looked into FHA, portfolio and even seller financing, but I know with that the term is shorter so how do you go about getting the most out of a loan and stretching the 100k out in the beginning to buy to most amount of properties that I can? 

I’d recommend looking for a good deal on a smaller property with less units that you can get either conventional financing on or a DSCR loan.

Code § 10139Any person acting as a real estate broker, real estate salesperson, or mortgage loan originator without a license or license endorsement, or who advertises using words indicating that he or she is a real estate broker, real estate salesperson, or mortgage loan originator without being so licensed or without having obtained a license endorsement, shall be guilty of a public offense punishable by a fine not exceeding twenty thousand dollars ($20,000), or by imprisonment in the county jail for a term not to exceed six months, or by both fine and imprisonment…

Let's assume the property has $313,000 in NOIValued at 6.26 M 5% cap loan $4,695,000P+I annual= $413,400> NOI5.216M 6% cap loan $3,912,000P+I annual= 344,460 > NOI4.47M 7% cap loan $3,352,500P+I annual= $294,708 <NOI cash flow +

I thought we would qualify for an FHA loan (first time homebuyers here!)

Conventional 30-year loan, 20% down.

How would you explain these buyers terms to the seller. ok. 30 year amortization means the monthly payments are based on a 30 year loan, but at year 20 whatever the balance is they pay it off then (balloon payment)Personally I would NOT accept any of these offers.

I am aiming for a home between 150-250k, which i can afford if all hell breaks loose, at a 5% conventional 30 year term loan (unless a lender or someone else can suggest me a better loan) My question is what are the minimum requirements for obtaining such a home (capital wise, credit score wise, salary wise) Who can i specifically talk to for these numbers and help me understand tenant demand, areas, and more specific information about my market?

But in your case, since that is also one of the higher balance loans, I might instead choose to focus on the lowest balance first, that being the 4.5% at $375K.

David,You can also use a personal loan which is generally easier and goes up to $50K.