These forums are a great place to learn and meet people, whether you're just starting out or you're a seasoned investor.

The laws vary so much from state to state that it would be almost impossible for an organization to know it to the degree the people you are competing against do.

I'm planning to purchase an investment property and would like to understand the typical down payment requirements.

It might be a good idea to look on their while you're waiting for more people to respond...if this is an immediate need.

@Yael FuerstIf this is your first DSCR I would say yes - even if it’s cookie cutter - it’s good to ask an attorney to review and understand what you are signingAre their covenants, is it guaranteed, your attorney can review and explain all the what ifs which I highly recommend

If you want to reach out to me to take a look feel free, but I understand I'm some random lender guy on the internet, so no worries if not.

Regional industry - People follow business. 

Ok, so, if I understand correctly, the property is currently a triplex and you want to add/convert 2 adu's to make it a 5-plex and also add/convert a jadu.

I'm writing this post to see if there is any advise to give me or a mentor that's willing to help me understand if this is an area in business that I can grow in.

I've met his kids who are in there 40s and I've spoke with people where he banks at to confirm income since he is retired and they spoke highly of him.