And any work an agent would be doing on the loan side, wouldn't the be doing anyway (i.e. communicating with buyers/sellers, chasing documents, etc?)

I like to stick with 2-4 unit properties so I don't need a commercial loan, and I don't have a ton of cash in the event of a massive vacancy or capital investment, so more expensive isn't necessarily in my wheelhouse.

Hi all,Long time reader finally decided to make a profile and ask some questions!

Technically, the loan is in the seller's name and us as buyer are simply making payments with no personal guarantee?

There are quite a few other options that you should consider before walking away, though.It sounds like maybe a fix-and-flip loan would be a viable option for you.

for a DSCR loan, you'll need to wait 3-6 months and conventional, 12 months.so should you pay all cash just to beat everyone else out, and then hope that the appraisal gets you some of your investment back? 

I can only think of reasons not to: capital gains tax, loan interest rate less than the property’s cash flow, risk… The only way I could make it work would be to identify a buyer I know will default.

Secondly, you'll be interested in wholesaling (which by the way is the hardest thing to do in real estate investing), and finally, you are open to flipping houses (which is the best way for a newbie to lose all of their money). 

I am finally ready to get out of analysis paralysis and get some skin in the game!

This will impact your loan program, down payment, terms and conditions.