Thanks DSCR loans are investor friendly products.

I also listen to Mike Zuber author of one rental at a time talk about learning your market which is a course he has that includes a spreadsheet that tracks sales so you know what's a good/great deal in the area of the investment. 

Buyers and sellers could theoretically save sale and purchase costs, but only if the value of the asset is predetermined and mutually agreed upon.

Is the FHA/Low Down Payment type product still the way to go?

…  but then they aren’t whole sale deals… they’re RETAIL.

Thank you so much guys.Best,Jake This is the triple that we build it's a high density product, stacked on top, 656 sq ft 2 bedroom floorplan and in most markets where we build it we can get at least $2.40 / sq ft lease price which is pretty good return.

He's well into retirement, doesn't need the money, has previously paid the taxes to keep it out of a tax lien sale and just wants to be done with it. 

Those days are gone with the increase of property sales prices and mortgage rates.So, investors are chasing ROI into Class B, C, and even D properties.The "deals" in the City of Detroit are almost all of the Class C property-type.

Both products give lenders BIG profits. 

With this strategy, you could combine the 165k from your home sale and the first year of 100k into an STR in this area, and you should be able to cash flow nicely.