(taxes, ins and repairs)I'd keep using the program till you can get a solid idea of how it works.I like the John Straub rule..

One lender i use allowed it in one of their Jumbo programs, but have no issues as long as the loan is over $200,000.

James,Another thing to look into is if Washington has a state VA loan program.

That is a low cost way to get started since there are a number of great first time buyer programs that let you dodge hard money rates and let you avoid two mortgages.

You can try to find one for free, or there are a lot of mentors on this blog that have courses and mentorship programs that are paid.

I believe FHA has programs for 2-4 unit multi-tenant.Where are you looking in DFW?

They have a mentor program....but it's 10k!!

If your having trouble making payments you can see if the servicer has a loan modification program for investment properties ..I wouldn't expect you to be able to refinance for any more than 50-70% LTV, if at all.

The program expired in 2008.

I will test for my realtor license this summer (after college classes) and then work that 2-3 years until I can test for Broker.In the end, I will offer property management, wholesale, rehab my own and other people's properties, provide lease to own, invest in notes, and buy and hold, and other things as well.All is a part of my business plan and I will likely add on to it.I have a wife and two children, work a full time job, and I am in two Master's programs (almost done)!