If anyone has tips on finding good deals, financing options, or navigating the challenges of flipping and renting properties, I'd love to hear from you.Looking forward to connecting with all of you and building a supportive network as we grow and succeed together in this exciting industry!

If he is just getting the typical 20% then you are ripping him off.

Lenders that do DSCR loans for foreign investors typically require bank documents to be translated and currency to be converted U.S. dollars. 

I know there are a couple loans/programs like an FHA loan that are available to starters like me, but are there more options? 

The best option is to keep what you have and save up for the next step.

100% Seller Financed deal with a flexible balloon option if the seller were to need the funds in case of emergency.

We are looking at a property that has the typical old interior stairs that are just short of being a ladder (reminds me of Navy ship stairs). 

Raising the deductible is as safe an option as you can go instead of decreasing your coverage.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

It is going to be a VARIABLE rate and is typically higher than a cash out refinance.