Lenders will want to see your ability to manage the mortgage and any other expenses related to the rental.3.

Quote from @Masyn Grant Barney: Utah had a bill passed (SB240) with limited funding (it has been plenty so far) that gives $20k to first time home buyers in a form of a 0% loan that is paid back on refinance or sale.

If you truly only need $65,000 that should be fairly easy with minimal requirements for you regarding your income and ability to repay the loan.

Daniel,As long as you invest in an area that sees a steady growth or the ability to raise rents every year.

It can quite literally make or break your ability to have positive cash flow.Reducing the Need for TurnoverFirst and foremost, the idea that tenants renewing their lease or moving out is something you can’t control is a myth.

They generally have large portfolios allowing for in house maintenance and management staff along with a point person who is communicating with the local housing authority on a regular basis and has the ability to streamline operations. 

Until now, I had a great credit score, but I'm concerned that my increased debt might affect my ability to obtain a HELOC or a Home Equity Loan.A lender approached me, claiming they could help me secure a HELOC, but the encounter felt coincidental, making me feel vulnerable.

What makes Baselane stand out is its ability to help you qualify for refinancing or new loans.

A higher down payment also demonstrates the buyer’s commitment.Flexibility: You can adjust the down payment based on the buyer's credit history, employment stability, and ability to pay.2.

We know nothing of your skill set, resources, or abilities.