Hoi Deborah,Both Jasper and Stacy, did a good job of explaining how a DSCR works. 

In my opinion, it's better to make mistakes starting out on duplexes and 4 units than buying a 20-unit after saving up a bunch of money and making a lot of mistakes because you have no operational experience since it's your first one. 

After number crunching, we want to offer terms that work for 20% down + rehab estimation.. that puts the offer at around $525K.

@Chris SnowI would say this is not a good flip I think your best case scenario is your property appraises for $315,000 which means you're all in should be no more than $220,000 less rehab of $90,000 brings you to a purchase price of 130,000.

It can be a lot of time and work if doing it on your own.

When the opportunity came available it was a no brainer.

I completed a mentoring program with Robert Shemin an currently working at St.Louis MO.

I’m sure my post will be drowned out by a bunch of turn key operators, Realtors and lenders promoting markets with C/D properties but hopefully you will take some time to consider what I shared because most who focus solely on the BRRRR method work harder, not smarter in their real estate business.  

Owner occupied conventional purchase to 97%, but depends on income and or 95% conventional, USDA 100% income and are restrictions, or VA, no money down, if a veteran?

I had a passion for real estate for quite sometime now but it was until i went into being a short-term rental agent and making sales of $12,222 from April to date that i saw that there is actually quite a huge demand for short term rental here in Tanzania and i can decide to not just be an agent but rather work myself up to becoming a real estate investor and get my own properties.That 12k, though in humble beginnings showed my that there's something here.